Pihlajalinna completed repurchase of own shares

Pihlajalinna Plc           Stock Exchange Release             20 April 2020 at 4:15 p.m.

Pihlajalinna completed repurchase of own shares

Pihlajalinna has completed the repurchase of own shares, which started on 31 March 2020 and ended on 17 April 2020. During that time, Pihlajalinna acquired a total of 47,399 own shares for an average price of EUR 14.56 per share. The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase.

The repurchased shares were acquired on the basis of the authorisation given by the Annual General Meeting on 4 April 2019 and shall be used as a part of the company’s incentive programme.

Following the repurchase, Pihlajalinna holds a total of 47,399 own shares, corresponding to 0.21% of the total number of shares.

Further information:
Joni Aaltonen, CEO, +358 40 524 7270

Distribution:
Nasdaq Helsinki
Major media
investors.pihlajalinna.fi

Pihlajalinna in brief
Pihlajalinna is one of the leading private social and healthcare services providers in Finland. The company serves private individuals, businesses, insurance companies and public sector entities, such as municipalities and joint municipal authorities. Pihlajalinna provides general practitioner services, specialised care, emergency and on-call services, a wide range of surgical services, occupational healthcare, dental care and wellbeing services. In addition, the company offers innovative social and healthcare service provision models to public sector entities.