Board of Directors approved a share buyback program of up to EUR 100 million under the authorization of the Annual General Meeting. The maximum number of shares to be repurchased under the program is 20 million, representing approximately 4.4% of the company’s total number of shares. The program commences at the earliest on November 7, 2022 and ends no later than on March 24, 2023.
Through the share buyback program, Outokumpu seeks to mitigate and manage the dilutive impact of the company’s outstanding convertible bonds. The repurchased shares will be initially held by Outokumpu as treasury shares and may be used to meet its obligations under the convertible bonds. Alternatively, Outokumpu may decide to cancel any or all of the repurchased shares and reduce its capital accordingly. The share repurchases will be funded by using funds from the unrestricted equity. Prior to the announcement Outokumpu held 4,164,711 of treasury shares, representing 0.91% of the company’s total number of shares.
Outokumpu's stock exchange release on November 3, 2022:
Outokumpu launches a share buyback program of a maximum of 20 million shares
Share buyback releases:
Repurchase of Outokumpu´s own shares on March 14, 2023
Repurchase of Outokumpu´s own shares on March 13, 2023
Repurchase of Outokumpu´s own shares on March 10, 2023
Repurchase of Outokumpu´s own shares on March 9, 2023
Repurchase of Outokumpu´s own shares on March 8, 2023
Repurchase of Outokumpu´s own shares on March 7, 2023
Repurchase of Outokumpu´s own shares on March 6, 2023
Repurchase of Outokumpu´s own shares on March 3, 2023
Repurchase of Outokumpu´s own shares on March 2, 2023
Repurchase of Outokumpu´s own shares on March 1, 2023
Repurchase of Outokumpu´s own shares on February 28, 2023
Repurchase of Outokumpu´s own shares on February 27, 2023
Repurchase of Outokumpu´s own shares on February 24, 2023
Repurchase of Outokumpu´s own shares on February 23, 2023
Repurchase of Outokumpu´s own shares on February 22, 2023
Repurchase of Outokumpu´s own shares on February 21, 2023
Repurchase of Outokumpu´s own shares on February 20, 2023
Repurchase of Outokumpu´s own shares on February 17, 2023
Repurchase of Outokumpu´s own shares on February 16, 2023
Repurchase of Outokumpu´s own shares on February 15, 2023
Repurchase of Outokumpu´s own shares on February 14, 2023
Repurchase of Outokumpu´s own shares on February 10, 2023
Repurchase of Outokumpu´s own shares on February 9, 2023
Repurchase of Outokumpu´s own shares on February 8, 2023
Repurchase of Outokumpu´s own shares on February 7, 2023
Repurchase of Outokumpu´s own shares on February 6, 2023
Repurchase of Outokumpu´s own shares on February 3, 2023
Repurchase of Outokumpu´s own shares on February 2, 2023
Repurchase of Outokumpu´s own shares on February 1, 2023
Repurchase of Outokumpu´s own shares on January 31, 2023
Repurchase of Outokumpu´s own shares on January 24, 2023
Repurchase of Outokumpu´s own shares on January 23, 2023
Repurchase of Outokumpu´s own shares on January 20, 2023
Repurchase of Outokumpu´s own shares on January 19, 2023
Repurchase of Outokumpu´s own shares on January 17, 2023
Repurchase of Outokumpu´s own shares on January 12, 2023
Repurchase of Outokumpu´s own shares on January 11, 2023
Repurchase of Outokumpu´s own shares on January 10, 2023
Repurchase of Outokumpu´s own shares on January 9, 2023
Repurchase of Outokumpu´s own shares on January 5, 2023
Repurchase of Outokumpu´s own shares on January 4, 2023
Repurchase of Outokumpu´s own shares on January 3, 2023
Repurchase of Outokumpu´s own shares on January 2, 2023
Repurchase of Outokumpu's own shares on December 30, 2022
Repurchase of Outokumpu's own shares on December 29, 2022
Repurchase of Outokumpu's own shares on December 28, 2022
Repurchase of Outokumpu's own shares on December 27, 2022
Repurchase of Outokumpu's own shares on December 23, 2022
Repurchase of Outokumpu's own shares on December 22, 2022
Repurchase of Outokumpu's own shares on December 21, 2022
Repurchase of Outokumpu's own shares on December 20, 2022
Repurchase of Outokumpu's own shares on December 19, 2022
Repurchase of Outokumpu’s own shares on December 16, 2022
Repurchase of Outokumpu’s own shares on December 15, 2022
Repurchase of Outokumpu’s own shares on December 14, 2022
Repurchase of Outokumpu’s own shares on December 13, 2022
Repurchase of Outokumpu’s own shares on December 12, 2022
Repurchase of Outokumpu’s own shares on December 9, 2022
Repurchase of Outokumpu’s own shares on December 8, 2022
Repurchase of Outokumpu’s own shares on December 7, 2022
Repurchase of Outokumpu’s own shares on December 5, 2022
Repurchase of Outokumpu’s own shares on December 2, 2022
Repurchase of Outokumpu’s own shares on December 1, 2022
Repurchase of Outokumpu’s own shares on November 30, 2022
Repurchase of Outokumpu’s own shares on November 29, 2022
Repurchase of Outokumpu’s own shares on November 28, 2022
Repurchase of Outokumpu’s own shares on November 25, 2022
Repurchase of Outokumpu’s own shares on November 24, 2022
Repurchase of Outokumpu’s own shares on November 23, 2022
Repurchase of Outokumpu’s own shares on November 22, 2022
Repurchase of Outokumpu’s own shares on November 21, 2022
Repurchase of Outokumpu’s own shares on November 18, 2022
Repurchase of Outokumpu’s own shares on November 17, 2022
Repurchase of Outokumpu’s own shares on November 16, 2022
Repurchase of Outokumpu’s own shares on November 15, 2022
Repurchase of Outokumpu’s own shares on November 14, 2022
Repurchase of Outokumpu’s own shares on November 11, 2022
Repurchase of Outokumpu’s own shares on November 10, 2022
Repurchase of Outokumpu’s own shares on November 9, 2022
Repurchase of Outokumpu’s own shares on November 8, 2022
Repurchase of Outokumpu’s own shares on November 7, 2022