Fiskars to start to acquire the company’s own shares
Fiskars Corporation
Stock Exchange Release
February 4, 2022 at 08:50 EET
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 11, 2021. 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 February 4, 2022 at the earliest, and 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 433,677 own shares.
FISKARS CORPORATION
Media and investor contacts:
Kristian Tammela, Director, Investor Relations, tel. +358 40 708 1181
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.