Kamux Corporation | Stock Exchange Release | November 12, 2026 at 08:55:00 EET
The Board of Directors of Kamux Corporation has decided to start a buy-back program of the company's own shares. The shares shall be purchased to be used for the share-based remuneration of key employees and the Board of Directors, and to optimize the company's capital structure through the reduction of capital. The Board of Directors may decide to cancel any shares acquired under the share purchase plan and shares purchased under previous plans.
The purchase of own shares shall start on November 16, 2026, at the earliest, and end on March 31, 2027, at the latest. The maximum number of shares to be purchased during this term is 2,000,000, corresponding to approximately 5% of the company’s total number of shares. However, the maximum amount to be used for the repurchase of own shares under the term is EUR 3,000,000. The shares shall be purchased in a proportion other than the shareholdings of the shareholders in public trading on Nasdaq Helsinki Ltd at the market price prevailing at the time of purchase. The repurchase of own shares will be financed by the company's distributable unrestricted equity.
The decision is based on the authorization given by the Annual General Meeting of 2026 for the Board of Directors to decide on the repurchase of own shares of the company.
The repurchases will be carried out in accordance with the so-called safe harbor rules referred to in Article 5 of the EU Market Abuse Regulation (EU N:o 596/2014). Kamux Corporation shall appoint a third-party broker as the lead manager for the buy-back program. The broker will make trading decisions independently, without influence from Kamux Corporation.
Kamux Corporation has a total of 40,017,420 shares. Kamux Corporation currently holds 1,750,051 own shares.
For more information, please contact:
CFO Enel Sintonen, call requests tel. +358 10 420 8831
Kamux Corporation
Communications
Kamux is a retail chain specialized in used cars and related integrated services. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere. In addition to digital channels, the company has a total of 53 car showrooms in Finland and Sweden. Since its founding in Hämeenlinna, Finland, in 2003 the company has sold over 600,000 used cars, 57,518 of which were sold in 2025. Kamux’s revenue in 2025 was EUR 875.9 million and its average number of employees was 820 in terms of full-time equivalent employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd. For more information, please visit www.kamux.com