Outokumpu Oyj : Repurchase of Outokumpu's own shares
March 01, 2024 at 05:28 am EST
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Published: 2024-03-01 08:30:00 CET
Outokumpu Oyj
Changes in company's own shares
Repurchase of Outokumpu's own shares
Outokumpu Oyj
Stock exchange release
March 1, 2024, at 9.30 am EET
Repurchase of Outokumpu's own shares
On February 29, 2024, Outokumpu has completed repurchases its own shares as follows (ISIN FI0009002422):
Trading venue
Number of shares
Weighted average price / share, EUR*
Total cost, EUR*
CEUX
103,109
4.0914
421,855.91
XHEL
163,222
4.0921
667,928.22
AQEU
1,037
4.0908
4,242.17
TQEX
2,625
4.075
10,696.90
Total:
269,993
4.09
1,104,723.21
* 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 33,188,820 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 desk, tel. +358 40 351 9840, e-mail media(at)outokumpu.com
Outokumpu is the global leader in stainless steel. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization's basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs approximately 8,500 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com
Attachments:
Outokumpu_dailyfills_2024-02-29.xlsx
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Outokumpu Oyj published this content on
01 March 2024 and is solely responsible for the information contained therein. Distributed by
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Outokumpu Oyj is one of the world's leading manufacturers of stainless steels. Net sales break down by activity as follows:
- sales of generic steel products (95.3%): rolled products, plates, flat steels, etc. The group also develops ferrochrome production activity. Net sales break down by geographical area between Europe (71.6%) and America (28.4%);
- ferrochrome production (3%);
- other (1.7%): primarily holdings in industrial groups.
Net sales are distributed geographically as follows: Finland (3.5%), Europe (61.2%), North America (28.7%), Asia/Pacific (5.3%) and other (1.3%).
OUTOKUMPU OYJ 
