Outotec to start acquiring the company's own shares
OUTOTEC OYJ STOCK EXCHANGE RELEASE SEPTEMBER 10, 2012 AT 8.45 AM
OUTOTEC TO START ACQUIRING THE COMPANY'S OWN SHARES
Outotec's Board of Directors has decided to exercise the authorization it was given by the Annual General Meeting of Shareholders on March 23, 2012 to acquire the company's own shares. Maximum of 500,000 shares will be acquired which represents approximately 1.1% of company's shares and votes. The maximum number of shares, according to the Board's authorization, was 4,578,037.
The shares will be acquired on market price in public trading arranged by NASDAQ OMX Helsinki in accordance with its rules. The purchases will begin on September 18, 2012 at the earliest and will end latest on December 31, 2012.
The acquired shares will be used for the company's near-term incentive programs.
Espoo, September 7, 2012
OUTOTEC OYJ
Board of Directors
Further information:
CFO Mikko Puolakka
tel. +358 20 529 2002