ROBIT PLC TO START REPURCHASE OF COMPANY’S OWN SHARES
2023年9月18日 - 11:00PM
ROBIT PLC TO START REPURCHASE OF COMPANY’S OWN SHARES
ROBIT PLC STOCK
EXCHANGE RELEASE 18
SEPTEMBER 2023 AT 5.00 P.M.
ROBIT PLC TO START REPURCHASE OF COMPANY’S OWN
SHARES
Based on the authorisation given to the Board of
Directors by the Annual General Meeting on 15 March 2023, the Board
of Directors of Robit Plc, at its meeting on 18 September 2023, has
decided to start the repurchase of the company’s own shares. The
Board of Directors has decided to acquire a maximum of 100 000
shares, which corresponds to approximately 0.5 percent of the
company’s currently issued shares. The shares will be acquired
using the company’s distributable unrestricted shareholders’ equity
at the market price prevailing at the time of acquisition via
public trading in the marketplace maintained by Nasdaq Helsinki
Ltd.
The acquisition of the company’s own shares will
start no earlier than 20 September 2023 and end no later than 30
November 2023. The authorisation received by the Board of Directors
from the General Meeting is valid until the closing of the next
Annual General Meeting, however until no later than 30 June
2024.
On 15 March 2023, the Annual General Meeting
authorised the Board of Directors to resolve on the acquisition of
a maximum of 2 117 990 of the company’s own shares using the
company’s distributable unrestricted shareholders’ equity. The
company’s own shares may be acquired for the purposes of
implementing the company’s share-based incentive plans or for other
purposes decided by the Board of Directors.
Robit Plc has 21 179 900 shares and votes.
The company owns 13 808 shares at the time of publication of this
release.
ROBIT PLCBoard of Directors
Further information: Robit PlcArto Halonen, Group CEO +358 40
028 0717 arto.halonen@robitgroup.com
Distribution: Nasdaq Helsinki Ltd Key media
www.robitgroup.com
Robit is the specialist focused on high quality
drilling consumables for the mining and construction markets
globally to help you drill even Further. Faster. Robit strives to
be the world’s number one drilling consumables company. Through our
proven, high-quality Top Hammer, Down the Hole and Geotechnical
products and our expert services, we deliver drilling cost savings
to our customers. Robit has its own sales and service points in
seven countries and an active network of distributors through which
it sells to more than 100 countries. Robit’s manufacturing
facilities are located in Finland, South Korea, Australia and the
United Kingdom. Robit shares are listed on Nasdaq Helsinki Ltd.
More information is available at www.robitgroup.com.
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