Tikkurila completes the repurchases of own shares

Tikkurila Oyj, Stock Exchange Release, May 20, 2020 at 19.30 EEST

Tikkurila completes the repurchases of own shares

As communicated on 18 May 2020, The Board of Directors decided to utilize the authorization given by the Annual General Meeting (AGM) held on April 11, 2019.

The repurchases started on May 18, 2020 and ended on May 20, 2020. During this period, Tikkurila repurchased 17,000 shares, corresponding to about 0.04 per cent of the total number of shares and votes.

The repurchased shares will primarily be used for implementing future share-based incentive programs of the company, or for other purposes as authorized by the AGM. The shares were acquired through public trading on Nasdaq Helsinki at the market price prevailing at the time of repurchase.

Following the repurchases, the company holds 19,461 own shares.

For further information, please contact:

Tapio Pesola,
Director, Communication & IR,
+358 44 373 46 93,
ir.tikkurila@tikkurila.com