Own shares

 

At the moment, Sanoma Corporation holds a total of 1,061,293 own shares, corresponding to 0.65% of the total number of shares. (updated on 15 Oct 2018)

 

Share repurchase

Sanoma started repurchasing the Company’s own shares on 22 August 2018 on the basis of the authorisation given by the Annual General Meeting on 22 March 2018. The repurchase was completed on 12 October 2018.

  • The repurchased shares will be used as a part of the Company’s incentive programme
  • The number of shares acquired was 900,000 (0.55% of the total number of shares)
  • The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase

Stock exchange releases on the repurchases are listed here

Stock exchange release of 21.8.2018 related to start of repurchase

Stock exchange release of 15.10.2018 related to completion of repurchase

Authorisation of the Board to the repurchase of own shares