Outokumpu – Transfer of the company’s own shares
Outokumpu Oyj
Stock exchange release
May 9, 2019 at 3:30 pm EEST
Outokumpu – Transfer of the company’s own shares
Following the decision taken at Outokumpu’s Annual General Meeting, Outokumpu has transferred 81,709 shares to the Board members as annual fees. According to the decision taken at the Annual General Meeting, 40% of the annual remuneration will be paid in the Company’s own shares using treasury shares or shares to be purchased from the market at a price formed in public trading.
The annual fees are paid using Outokumpu’s own shares meaning the number of shares of the company will not change. After the change, Outokumpu holds 4,987,538 treasury shares.
Trading code: OUT1V
Number of shares: 81,709
Price/share: Gratuitous
For more information:
Investors: Tommi Järvenpää, VP, Investor Relations, tel. +358 9 421 3466, +358 40 576 0288
Corporate communications, tel. +358 9 421 3840
Outokumpu Oyj
Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com