Metso Outotec completes the repurchase of its own shares

Metso Outotec Corporation’s stock exchange release on August 23, 2022, at 1:00 p.m. EEST

Metso Outotec has completed the repurchase of the company’s own shares, which started on August 9, 2022, and ended on August 22, 2022. During this period, a total of 3,036,000 own shares were repurchased for an average price of EUR 8.2538 per share. The shares were repurchased in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase. The shares were repurchased on the basis of the authorization given by the Annual General Meeting on April 24, 2022, and will be used as a part of the company’s share-based incentive plans.

Following the repurchase, Metso Outotec Corporation holds a total of 3,336,505 of its own shares.

Further information:

Juha Rouhiainen, VP, Investor Relations, Metso Outotec Corporation, tel. +358 20 4843253, email: juha.rouhiainen@mogroup.com
 

Distribution:

Nasdaq Helsinki Ltd

Main media

www.mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec