Repurchase of Outokumpu’s own shares
Outokumpu Oyj
Stock exchange release
December 28, 2023, at 9.30 am EET
Repurchase of Outokumpu’s own shares
On December 27, 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 | 58,492 | 4.5323 | 265,104.85 |
| XHEL | 99,377 | 4.5309 | 450,263.94 |
| AQEU | 1,016 | 4.533 | 4,605.53 |
| Total: | 158,885 | 4.53 | 719,974.31 |
* Rounded to two decimals
Outokumpu announced a share buyback program of a maximum of 11 million shares on November 29, 2023. The Board of Directors approved a share buyback program of up to EUR 50 million under the authorization of the Annual General Meeting. The program will end no later than on March 21, 2024.
After the disclosed transactions, Outokumpu holds 25,687,427 treasury shares.
Details of transactions are included as an appendix to this announcement.
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(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