Pihlajalinna completed repurchase of own shares

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Pihlajalinna Plc           Stock Exchange Release             21 April 2022 at 8:15 a.m.

Pihlajalinna completed repurchase of own shares

Pihlajalinna has completed the repurchase of own shares, which started on 24 March 2022 and ended on 20 April 2022. During that time, Pihlajalinna acquired a total of 120 000 own shares for an average price of EUR 12.297 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 15 April 2021 and shall be used for its M&A transaction and as a part of the company’s incentive programme.

Following the repurchase, Pihlajalinna holds a total of 77,133 own shares, corresponding to 0,34% of the total number of shares.


 

Additional information:
Tarja Rantala, talous- ja rahoitusjohtaja (CFO), +358 40 774 9290

Distribution:
Nasdaq Helsinki
Key media
investors.pihlajalinna.fi

Pihlajalinna in brief:
20-year-old Pihlajalinna (Nasdaq Helsinki: PIHLIS) is one of the leading private providers of social, healthcare and wellbeing services. The Group provides services to private individuals, companies, insurance companies and public sector entities, such as municipalities and joint municipal authorities, across Finland. The Group provides general practitioner and specialised care services, occupational healthcare and dental care services and also residential and wellbeing services, for example. The Group, in cooperation with the public sector, offers social and healthcare service provision models to public sector entities with the aim of providing high-quality services. Read more: investors.pihlajalinna.fi