Fiskars increases the maximum number of own shares to be acquired with 500 000 shares

Fiskars Corporation
Stock Exchange Release
March 16, 2022 at 16:15 EET

Fiskars increases the maximum number of own shares to be acquired with 500 000 shares

Fiskars Corporation announced on February 4, 2022 that the Board of Directors had decided to commence acquiring the company’s own shares on the basis of the authorization given by the Annual General Meeting held on March 11, 2021 and that the maximum number of shares to be acquired is 200,000. Based on the same authorisation, the Board of Directors of Fiskars has today decided to increase the maximum number of own shares to be acquired by an additional 500 000 shares, corresponding to a maximum of 0.6% of the total number of shares. Hence, together with the earlier decision, the maximum number of own shares to be acquired by Fiskars is 700,000, corresponding to a maximum of approximately 0.8% of the total number of shares. 

As announced earlier, 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 end by June 30, 2022, at the latest. Subject to the decision by the Annual General Meeting to be held on March 16, 2022, the share buyback can continue after June 30, 2022.

The Annual General Meeting held on March 11, 2021 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 instalments, 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 439,873 own shares.

FISKARS CORPORATION
 

Media and investor contacts:
press@fiskars.com, tel. +358 40 553 3151

Making the everyday extraordinary
Fiskars Group’s vision is to create a positive, lasting impact on our quality of life. Our brands Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford, and Wedgwood are present in people’s everyday lives – at home, in the garden, and outdoors. This gives us an opportunity to make the everyday extraordinary today, and for future generations. We have a presence in 30 countries, and our products are available in more than 100 countries. Our shares are listed on the Nasdaq Helsinki (FSKRS). Please visit us at www.fiskarsgroup.com for more information and follow us on Twitter @fiskarsgroup