Own shares

As of 3 April 2020, Sanoma Corporation holds a total of 528,977 own shares.

Share repurchase

Sanoma started repurchasing the Company’s own shares on 26 March 2020 on the basis of the authorisation given by the Annual General Meeting on 25 March 2020.

  • The number of shares acquired was 304,000 (0.19% of the total number of shares) for an average price of EUR 7.95 per share.
  • The shares were acquired in public trading on Nasdaq Helsinki Ltd. at the market price prevailing at the time of purchase.
  • The repurchased shares will be used as a part of the Company’s incentive programme.

Stock exchange releases on the repurchases are listed here

Stock exchange release on 25 March 2020 related to start of repurchase
Stock exchange release on 3 April 2020 related to the completion of repurchase

Authorisation of the Board to the repurchase of own shares