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Authorizations

The authorizations given by the AGM on 12 April 2022 are described in detail in the stock exchange release about the AGM’s decisions.

The AGM authorised the board of directors to decide on the repurchase of the company’s own shares using the company’s unrestricted equity. The total maximum number of shares to be repurchased under the authorisation shall be 2 500 000 shares. The shares are repurchased in trading organized by Nasdaq Helsinki Oy at a price formed in public trading on the date of repurchase. The authorisation is valid until the end of the annual general meeting of 2023, however, for a maximum of 18 months. The authorisation is unused.

The AGM authorised the board of directors to decide, in one or more tranches, on the issuance of shares as well as on the issuance of option rights and other special rights entitling to shares as referred to in chapter 10(1) of the Finnish Limited Liability Companies Act.  The total maximum number of shares to be issued under the authorisation shall be 2 500 000 shares. The authorisation is valid until the end of the annual general meeting of 2023, however, for a maximum of 18 months. The authorisation is unused.