Acquisitions of own shares

At the end of 2022, the total number of shares in Fiskars Corporation was 81,000,000 and the company held 419,484 own shares.

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 is 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 has continued based on the authorization given by the Annual General Meeting 2022.

The shares shall be acquired through public trading on the Nasdaq Helsinki exchange at the prevailing market price at the time of purchase.

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 is 200,000, corresponding to approximately 0.2% of the total number of shares.

The shares shall be acquired through public trading on the Nasdaq Helsinki exchange at the market price prevailing at the time of purchase. The share buyback shall start on August 28, 2019 at the earliest, and end by the end of the next Annual General Meeting in 2020, at the latest.

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.

The total number of shares in Fiskars Corporation is 81,905,242. Fiskars Corporation owns 363,609 own shares.

At the end of the first quarter of 2021, the total number of shares in Fiskars Corporation was 81,905,242 and the company held 433,677 own shares.