Stora Enso share capital and North American stock options
STORA ENSO OYJ Stock Exchange Announcement 31 March 2006 at 11.00
Stora Enso share capital and North American stock options
Reduction in Stora Enso share capital
Stora Ensos share capital has been reduced through the
cancellation of Stora Enso shares held by the Company, as
decided by the Annual General Meeting on 21 March 2006. The
share capital was reduced by EUR 39 845 620 through the
cancellation of 38 600 A shares and 23 400 000 R shares. The new
share capital is EUR 1 342 215 448.30. The reduction in share
capital was registered in the Finnish Trade Register on 31 March
2006.
Breakdown of shares after cancellation:
A shares 178 120 718
R shares 611 417 781
Total 789 538 499
Stora Enso North America Option Programme
Following the acquisition of Consolidated Papers, Inc. the Board
of Directors decided to convert the Consolidated Papers share
option plans into Stora Enso share option plans. During March
2006 a total of 4 254 R shares were subscribed against North
American stock options. These R shares were previously held by
the Company.
After the subscription the Company holds:
A shares -
R shares 964 244
For further information, please contact:
Ulla Paajanen-Sainio, Vice President, Investor Relations and
Financial Communications, tel. +358 2046 21242
STORA ENSO OYJ
p.p. Jussi Siitonen Jukka Marttila
