Fondia Plc's share repurchase programme 20 May 2024–20 December 2024 has ended

Fondia Plc

Company release

2024-12-20 at 7.25 p.m. 

Fondia has completed its own share repurchase programme, which the company announced on 17 May 2024.The repurchases of own shares started on 20 May 2024, and ended on 20 December 2024. During this period, Fondia repurchased a total of 67,103  of its own shares, with a total value of
EUR 418,916.30 and an average price of EUR 6.24 per share. The shares were acquired in public trading on the Nasdaq First North Growth Market Finland at the market price at the time of acquisition.

The treasury shares were acquired in accordance with the authorisation granted to the Board of Directors by Fondia's Annual General Meeting on 20 March 2024, for the purpose of developing the company's capital structure, for transfer for the purpose of financing or implementing possible acquisitions, investments or other arrangements relating to the company's business, for use in the company's incentive schemes or otherwise for further transfer, retention or annulment.

Fondia Plc holds a total of 3,953,134 shares. The company currently holds 216,557 treasury shares, representing approximately 5.48% of the total number of shares in the company.
 

Fondia Plc
 

For further information, please contact:

Group CEO Harri Savolainen, tel. +358 40 774 2099
 

Certified Adviser Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098


Fondia in brief

Fondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania, and the Group’s net sales in 2023 were EUR 26.1 million. Fondia employs over 190 people.

www.fondia.com


Distribution:

Nasdaq Helsinki Ltd
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