Logout
Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
Search
My Profile
Login
Metso Corporation
Print
Helsinki, Finland, 09 March 2010 -- Metso’s decision announced on 08 February 2010, to repurchase a maximum 300,000 shares of the company has been fully executed. The share repurchases relate to the company’s incentive programs announced earlier (Metso Share Ownership Plans 2009-12), to be used as potential reward payments in accordance with the plan criteria.

Own shares were purchased with the company's distributable funds, thus reducing the company's distributable nonrestricted equity. Shares were purchased at market price in public trading on the NASDAQ OMX in Helsinki Exchange. The average purchase price per share was EUR 23.47 and the total amount was EUR 7,040,303.60. At the moment, Metso Parent Company holds 709,617 its own shares.

Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. The company has about 27,000 employees in more than 50 countries. www.metso.com
 

Related Articles:


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: