Nixu to start to acquire the company’s own shares
Nixu Corporation Stock Exchange Release on October 14, 2020 at 11:20 am EEST
The Board of Directors of Nixu 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 April 7, 2020.
The maximum number of shares to be acquired is 10,000 corresponding to 0.13% of the total number of shares. Nixu currently holds a total of 12,405 own shares. The share buyback shall start on October 15, 2020 at the earliest, and end by December 31, 2020, at the latest. The shares shall be acquired through public trading on the Nasdaq Helsinki exchange at the market price prevailing at the time of purchase.
Acquired shares will be used for implementation of Nixu’s All-Employee Matching Share Plan 2019–2021. Further information on the All-Employee Matching Share Plan 2019–2021: https://www.nixu.com/investors/investment/all-employee-share-matching-plan
The Annual General Meeting held on April 7, 2020 authorized the Board of Directors to resolve on the repurchase of a maximum 730,100 company’s own shares using funds belonging to the unrestricted equity of the company. The shares may be acquired to implement the company's arrangements in relation to the company’s business operations, to the implement the company's share-based incentive programmes or to be otherwise transferred or be cancelled. The shares repurchased can also be held by the company itself.
CEO Petri Kairinen, Nixu Corporation
Telephone: +358 40 832 1832, e-mail: email@example.com
Nixu in Brief:
Nixu is a cybersecurity services company on a mission to keep the digital society running. Our passion is to help organizations embrace digitalization securely. Partnering with our clients we provide practical solutions for ensuring business continuity, an easy access to digital services and data protection. We aim to provide the best workplace to our team of over 400 cybersecurity professionals with a hands-on attitude. With Nordic roots we serve enterprise clients worldwide. Nixu shares are listed on the Nasdaq Helsinki stock exchange.