Own shares

Authorisation to acquire own shares

Metsä Board’s Annual General Meeting on 23 March 2023 resolved to authorise the Board to decide on the acquisition of the company’s own shares. The number of shares to be acquired based on the authorisation shall not exceed 1,000,000 B-shares, which corresponds to approximately 0.3% of all current shares. The authorisation is effective until 30 June 2024.

Acquisition of own shares

On 27 October 2022, the Board of Directors of Metsä Board decided to launch a share buyback of company’s own shares. Own shares were acquired to pay the Board's fees or for use in the company's incentive systems. Read more in stock exchange release  on 27 October 2022.

The acquisition of the company’s own shares started on 28 October 2022 and ended on 11 November 2022. During this period, Metsä Board acquired 1,000,000 B shares for an average price of EUR 7.8225 per share. Read more in stock exchange release on 14 November 2022.

Transfer of own shares

A total of 298,785  B shares have was transferred on 15 March 2023 as a reward under the Company's long-term incentive plan for the performance period 2020–2022. Read more in stock exchange release.

Shares held by the company

Metsä Board currently holds 701,215 of its own B shares. (updated 3 April 2023)