Fiskars to start to acquire the company’s own shares

Fiskars Corporation
Stock Exchange Release          
April 30, 2018 at 10:30 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 14, 2018.

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 May 2, 2018 at the earliest, and end by the end of the next Annual General Meeting in 2019, at the latest.

The Annual General Meeting held on March 14, 2018 decided to authorize the Board to decide on the acquisition 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 176,299 own shares.

FISKARS CORPORATION

Jaana Tuominen
President & CEO

Media and investor contacts:
VP, Corporate Communications and Sustainability Maija Taimi, tel. +358 204 39 5031, communications@fiskars.com 
 
 
Fiskars – Making the everyday extraordinary
Fiskars serves people around the world with globally recognized brands including Fiskars, Gerber, Iittala, Royal Copenhagen, Waterford, and Wedgwood. We are building a family of iconic lifestyle brands with the vision to create a positive, lasting impact on our quality of life. Please visit www.fiskarsgroup.com for more information.