Repurchase of Outokumpu’s own shares
Outokumpu Oyj
Stock exchange release
February 22, 2023, at 9.50 am EET
Repurchase of Outokumpu’s own shares
On February 21, 2023, Outokumpu has completed repurchases its own shares as follows (ISIN FI0009002422):
Trading venue | Number of shares | Weighted average price / share, EUR* | Total cost, EUR* |
CEUX | 44,179 | 5.5929 | 247,089.84 |
XHEL | 116,949 | 5.5886 | 653,579.64 |
AQEU | 12,019 | 5.5869 | 67,149.53 |
Total: | 173,147 | 5.59 | 967,819.01 |
* Rounded to two decimals
Outokumpu announced a share buyback program of a maximum of 20 million shares on November 3, 2022. The Board of Directors approved a share buyback program of up to EUR 100 million under the authorization of the Annual General Meeting. The program will end no later than on March 24, 2023.
After the disclosed transactions, Outokumpu holds 16,593,709 treasury shares.
Details of transactions are included as an appendix to this announcement.
Outokumpu
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669
Media: Päivi Allenius, VP – Communications and Brand, tel. +358 40 753 7374
Media desk, tel. +358 40 351 9840, e-mail media@outokumpu.com