Outokumpu – Transfer of the company’s own shares
Outokumpu Oyj
Stock exchange release
February 21, 2024 at 3.00 pm EET
Outokumpu – Transfer of the company’s own shares
Based on the decision of the Board of Directors of Outokumpu Oyj, a total of 852,470 Outokumpu’s shares have been transferred for delivery to the personnel participating in the Performance Share Plan’s plan period 2021–2023 and Restricted Share Pool’s plan periods 2021–2023, 2022–2024 and 2023–2025. The share rewards were announced on February 8, 2024.
Trading code: OUT1V
Number of shares: 852,470
Price/share: Gratuitous
Outokumpu uses its treasury shares for the share rewards, which means that the total number of shares of the company does not change. After the transfer, Outokumpu holds a total of 31,812,359 own shares.
More information on share-based programs and their terms is available at www.outokumpu.com/en/investors/governance/remuneration/share-based-incentive-programs.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669
Media: Päivi Allenius, SVP – Communications and Brand, tel. +358 40 753 7374 or media desk, tel. +358 40 351 9840, media(at)outokumpu.com
Outokumpu is the global leader in stainless steel. 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 approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com