A change in Etteplan’s share repurchase programBack to Releases
Etteplan Oyj, Stock Exchange Release, August 16, 2018 at 3.30 p.m.
A change in Etteplan’s share repurchase program
Etteplan’s Board of Directors has today decided on the following change to the share repurchase program initiated on December 19, 2017: the new maximum repurchase price is EUR 10.0 per share. The previous maximum price was EUR 9.0 per share.
All other terms of the repurchase program will remain unchanged. Etteplan has published two previous stock exchange releases about the program, on May 28, 2018 and December 19, 2017.
Until now, Etteplan has repurchased a total of 36 054 shares, corresponding to about 0.14 per cent of the total number of shares and votes. A total of 63,946 shares can still be repurchased as part of the program. On August 16, 2018 Etteplan held 70 744 of its own shares.
Vantaa, August 16, 2018
Board of Directors
Juha Näkki, President and CEO, tel. +358 10 307 2077
Outi Torniainen, SVP, Communications and Marketing, tel. +358 10 307 3302
Etteplan provides industrial equipment and plant engineering, embedded systems, IoT (Internet of Things), and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers' products and engineering processes throughout the product life cycle. The results of Etteplan’s innovative engineering can be seen in numerous industrial solutions and everyday products.
In 2017, Etteplan had a turnover of approximately EUR 215 million. The company currently has over 3,000 professionals in Finland, Sweden, the Netherlands, Germany, Poland and China. Etteplan's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker. www.etteplan.com