Fiskars Corporation to start to acquire the company’s own shares

Fiskars Corporation
Stock Exchange Release
November 19, 2024 at 11:15 a.m. EET

Fiskars Corporation to start to acquire the company’s own shares

The Board of Directors of Fiskars Corporation has decided to commence acquiring the company’s own shares on the basis of the authorization given by the Annual General Meeting held on March 13, 2024. The maximum number of shares to be acquired is 200,000, corresponding to approximately 0.2% of the total number of shares.

The shares shall be acquired through public trading on the Nasdaq Helsinki exchange at the market price prevailing at the time of purchase. The share buyback shall start on November 20, 2024, at the earliest, and end by February 28, 2025, at the latest.

The Annual General Meeting held on March 13, 2024, decided to authorize the Board of Directors to decide on the acquisition in total of a maximum of 4,000,000 own shares, in one or several instalments, using the unrestricted shareholders’ equity of the company. The authorization may be used to acquire shares to be used for the development of the capital structure of the company, as consideration in corporate acquisitions or industrial reorganizations and as part of the company’s incentive system and otherwise for further transfer, retention or cancellation.

The total number of shares in Fiskars Corporation is 81,000,000. Fiskars Corporation owns 101,212 own shares.

FISKARS CORPORATION

Media and investor contacts:

Sanna Hellstedt, Director, Investor Relations (interim) and External Communications, tel. +358 40 553 3151

Fiskars Group in brief 

Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. Our brands include Fiskars, Georg Jensen, Gerber, Iittala, Moomin Arabia, Royal Copenhagen, Waterford, and Wedgwood. Our brands are present in more than 100 countries and we have close to 450 own stores. We have approximately 7,000 employees and our global net sales in 2023 were EUR 1.1 billion.

We are driven by our common purpose: Pioneering design to make the everyday extraordinary. In 2024, we are celebrating our 375th anniversary. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth.

Read more: fiskarsgroup.com