Outokumpu Oyj: Repurchase of Outokumpu's own shares
Outokumpu Oyj
Stock exchange release
February 29, 2024, at 9.30 am EET
Repurchase of Outokumpu's own shares
On February 28, 2024, Outokumpu has completed repurchases its own shares as follows (ISIN FI0009002422):
Trading Number Weighted average price / share, EUR* Total cost, EUR*
venue of
shares
CEUX 35,379 4.0896 144,687.22
XHEL 35,621 4.0892 145,661.63
Total: 71,000 4.09 290,348.85
* Rounded to two decimals
Outokumpu announced a share buyback program of a maximum of 11 million shares on November 29, 2023. The Board of Directors approved a share buyback program of up to EUR 50 million under the authorization of the Annual General Meeting. The program will end no later than on March 21, 2024.
After the disclosed transactions, Outokumpu holds 32,918,827 treasury shares.
Details of transactions are included as an appendix to this announcement.
For more information:
Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669
Media: Päivi Allenius, SVP - Communications and Brand, tel. +358 40 753 7374
Media desk, tel. +358 40 351 9840, e-mail media(at)outokumpu.com