(Updated April 12, 2023)
Authorizing the Board of Directors to decide on the repurchase of the Company's own shares
The General Meeting held on April 12, 2023 authorized the Board of Directors to decide on the repurchase of the company's own shares as follows.
The number of own shares to be repurchased shall not exceed 3,500,000 shares, which corresponded to approximately 9.80 percent of all the shares in the company as at the date of the General Meeting. Based on the authorization, the company´s own shares may only be repurchased with unrestricted equity. The company´s own shares may be repurchased at a price formed in public trading on the date of the repurchase or otherwise at a price formed on the market. The Board of Directors decides how the shares will be repurchased. Among other things, derivatives may be used in the acquisition. Own shares may be repurchased otherwise than in proportion to the shareholdings of the shareholders (directed repurchase).
The authorization revokes the authorization given by the Annual General Meeting on April 6, 2022 to decide on the repurchase of the company´s own shares.
The authorization is valid until June 30, 2024.