Terveystalo’s share buyback program has ended
Terveystalo Plc Stock Exchange Release, 29 Dec 2021 at 09:30 EET
On 28 October, 2021 the Board of Directors of Terveystalo Plc decided to launch a buyback program for Terveystalo's own shares based on the authorisation granted by Terveystalo’s Annual General Meeting on 25 March 2021.
Terveystalo Plc has now completed the share buy-back program. The repurchases of the shares began on 29 October, 2021 and ended on 28 December, 2021. During that period, Terveystalo repurchased 1,000,000 of its own shares for an average price per share EUR 11.25. The shares were acquired at the market price quoted at the time of acquisition in trading organised by Nasdaq Helsinki Ltd on a regulated market.
The purpose of the share buyback program is to optimize the Company's capital structure through reduction of capital. The repurchase of own shares will reduce the Company's unrestricted equity. The repurchased 1,000,000 shares will be cancelled. Following the repurchases, Terveystalo holds a total of 1,730,000 own shares, which represents approximately 1.35 per cent of all shares in Terveystalo Plc.
For more information, please contact:
Liisa-Maija Seppänen, Investor Relations Manager
+358 50 3144 455
liisa-maija.seppanen@terveystalo.com
Distribution:
Nasdaq Helsinki Oy
Principal media
www.terveystalo.com
Terveystalo in brief
Terveystalo is Finland's largest health service company in terms of revenue and network, with the aim of empowering lifelong health and well-being and building a healthier society. The company provides comprehensive well-being, primary care and specialist care services to corporate and private customers, as well as the public sector. Terveystalo's digital appointment serves are available 24/7, regardless of time and place. In addition, the company offers health and well-being services in more than 300 locations throughout Finland.
In 2020, Terveystalo had 1.2 million individual customers. Some 6.9 million customer visits were made, of which more than a quarter took place in remote channels. Terveystalo employs more than 13,000 health and well-being professionals.
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