Tikkurila to repurchase own shares

Tikkurila to repurchase own shares

Tikkurila Oyj, pörssitiedote, May 18, 2020 at 09:15 a.m. EEST

The Board of Directors of Tikkurila has decided to utilize the current authorization given by the Annual General Meeting (AGM) held on April 11, 2019 to repurchase own shares. 

The repurchases will start at the earliest on May 18, 2020 and end on June 9, 2020 at the latest. The number of shares to be acquired shall not exceed 20,000 shares, corresponding to approximately 0.05 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 shall be acquired through public trading on Nasdaq Helsinki at the market price prevailing at the time of repurchase.

The company currently owns 2,461 own shares.

For further information, please contact:
Tapio Pesola,
Director, Communication & IR, 
+358 44 373 46 93,
ir.tikkurila@tikkurila.com

 

Sustainable Nordicness
Tikkurila is a leading Nordic paint company with expertise that spans decades. We develop premium products and services that provide our customers with quality that will stand the test of time and weather. We operate in eleven countries and our 2,700 dedicated professionals share the joy of building a vivid future through surfaces that make a difference. In 2019, our revenue totaled EUR 564 million. The company is listed on Nasdaq Helsinki. Nordic quality from start to finish since 1862.

www.tikkurilagroup.com