Fiskars to start to acquire the company’s own shares
Fiskars Corporation
Stock Exchange Release
August 26, 2019 at 8:30 EEST
Fiskars to start to acquire the company’s own shares
The Board of Directors of Fiskars Corporation has 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.
Jaana Tuominen
President & CEO
FISKARS CORPORATION
Media and investor contacts:
Corporate Communications, tel. +358 204 39 5031, communications@fiskars.com
Making the everyday extraordinary
Fiskars Group’s purpose is to make the everyday extraordinary. With our family of lifestyle brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford, and Wedgwood, we want to create a positive, lasting impact on our quality of life. Our products are available in more than 100 countries and we employ around 7,600 people in over 30 countries. Please visit us at www.fiskarsgroup.com for more information.