ESPOO, 30-May-2016 — /EuropaWire/ — Outokumpu has now completed share repurchase which was announced on May 13, 2016. Between May 17, 2016 and May 26, 2016, Outokumpu repurchased 2,000,000 its own shares through public trading at Nasdaq Helsinki, with average price per share of 3.51 euros.
After the share repurchase, Outokumpu now holds 2,698,925 own shares that correspond to approximately 0.65% of all Outokumpu shares.
For more information:
Investors: Johanna Henttonen, tel. +358 40 530 0778
Media: Corporate communications, tel. +358 50 346 6556
Outokumpu is a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable – thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs 11,000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki.
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