HKScan’s repurchases of own shares have been completed

HKScan Corporation, Stock Exchange Release, 13 December 2019, at 9:00 (EET)

HKScan’s repurchases of own shares have been completed

HKScan Corporation has completed the buy-back programme concerning the company’s own series A shares, the start of which was announced by the company on 25 September 2019. In trading organised by Nasdaq Helsinki Ltd, the company has between 1 October 2019 and 12 December 2019 acquired a total of 2 000 000 of its own series A shares with an average price of EUR 2.3614 per share. The total purchase price for the shares was EUR 4.7 million.

On 13 December 2019, HKScan Corporation’s total number of shares issued is 98,951,781 and they are divided into two share series as follows: 93,551,781 A Shares and 5,400,000 K Shares. After these repurchases, HKScan Corporation holds a total of 2,000,000 own series A shares.

 

HKScan Corporation                                                                                                                              

 

Further information:

Heidi Hirvonen, SVP, Communications, tel. +358 10 570 6072

HKScan Media Service Desk, tel. +358 10 570 5700, or email: communications@hkscan.com

 

HKScan Corporation is a publicly listed food company with over one hundred years of experience in responsible Nordic food production for customer and consumer needs. HKScan’s sustainable way of operating spans the entire value chain, from farm to consumer. Our nearly 7,200 professionals ensure our promise of high-quality products that taste good. Our home markets cover Finland, Sweden, Denmark and the Baltics. Our diverse product selection includes poultry, pork, beef, and lamb products as well as charcuterie and meals. The company’s strong consumer brands are HK®, Kariniemen®, Via®, Scan®, Pärsons®, Rakvere®, Tallegg® and Rose®. In 2018, HKScan’s net sales were EUR 1.7 billion.

 

Distribution:

Nasdaq Helsinki

Main media

www.hkscan.com

 

Tags:

About Us

HKScan is a Nordic meat and meals company. We employ over 7 300 professionals in striving to serve the world ìs most demanding consumers, maintaining quality throughout the full chain of operations, From Farm to Fork. HKScan produces, markets and sells high-quality, sustainably produced pork, beef, poultry and lamb products, as well as charcuterie and meals, with strong consumer brands, including HK®, Scan®, Rakvere®, Kariniemen®, Rose®, Pärsons® and Tallegg®. Our customers are the retail, food service,industrial and export sectors, and our home market comprises of Finland, Sweden, Denmark and the Baltics. We export to close to 50 countries. In 2017, HKScan had net sales of EUR 1.8 billion, making us one of Europe’s leading meat and meals companies.www.hkscan.com

Subscribe