Acquisitions of own shares

At the end of Q3 2024, the total number of shares in Fiskars Corporation was 81,000,000 and the company held 106,780 of its own shares.

Acquisition of own shares 2023

On June 8, 2023, it was announced that the Board of Directors of Fiskars Corporation had decided to continue acquiring the company’s own shares based on the authorization given by the Annual General Meeting on March 15, 2023. The maximum number of own shares to be acquired by Fiskars is 295,000, corresponding to approximately 0.4% of the total number of shares. The shares shall be acquired through public trading on the Nasdaq Helsinki exchange at a price formed in public trading on the time of the acquisition.

On February 4, 2022, Fiskars Corporation announced that the Board of Directors had decided to commence acquiring the company’s own shares. The share acquisition commenced based on the authorization given by the Annual General Meeting 2021 and has continued based on the authorization given by the Annual General Meeting 2022. In 2022, the company acquired 1,000,000 of its own shares and it has continued acquiring shares in 2023.

The Annual General Meeting held on March 15, 2023 decided to authorize the Board of Directors to decide on the repurchase of the company’s own shares and/or the acceptance as pledge of the company’s own shares. The maximum number of shares to be repurchased and/or accepted as pledge is 4,000,000. Acquisitions of own shares may be made in one or several instalments and by using the unrestricted shareholders’ equity of the company. The authorization may be used to acquire shares to be used for the development of the capital structure of the company, as consideration in corporate acquisitions or industrial reorganizations and as part of the company’s incentive system and otherwise for further transfer, retention or cancellation. The authorization is effective until June 30, 2024.

Acquisition of own shares 2022

On February 4, 2022, the Board of Directors decided to commence acquiring the company’s own shares and that the maximum number of shares to be acquired is 200,000. On March 16, 2022, the Board of Directors decided to increase the maximum number of own shares to be acquired by an additional 500 000 shares, on July 28, to increase the maximum number of own shares to be acquired by an additional 300 000 shares and on October 28, 2022 to increase the maximum amount by an additional 300,000 shares. Hence, the maximum number of the company’s own shares to be acquired by the company was 1,300,000 corresponding to a maximum of approximately 1.6% of the total number of shares.

The share acquisition commenced based on the authorization given by the Annual General Meeting 2021 and continued based on the authorization given by the Annual General Meeting 2022.

By December 31, 2022, the company had acquired a total of 1,000,000 of its own shares for EUR 18 million since the beginning of the share repurchases in February 2022.

Acquisitions of own shares 2019

The Board of Directors of Fiskars Corporation decided to commence acquiring the company’s own shares on the basis of the authorization given by the Annual General Meeting held on March 13, 2019. The maximum number of shares to be acquired was 200,000, corresponding to approximately 0.2% of the total number of shares.

The Annual General Meeting held on March 13, 2019 decided to authorize the Board of Directors to decide on the acquisition in total of a maximum of 4,000,000 own shares, in one or several installments, using the unrestricted shareholders’ equity of the company. The authorization may be used to acquire shares to be used for the development of the capital structure of the company, as consideration in corporate acquisitions or industrial reorganizations and as part of the company’s incentive system and otherwise for further transfer, retention or cancellation.