businesspress24.com - Ahlstrom commences repurchase of its own shares
 

Ahlstrom commences repurchase of its own shares

ID: 1009940

(Thomson Reuters ONE) - Ahlstrom Corporation STOCK EXCHANGE RELEASE 3.2.2010 at 12.00Ahlstrom Corporation announces that its Board of Directors has today decided toutilize the authorization given by the Annual General Meeting held on March25, 2009 to repurchase Ahlstrom shares for the implementation of the Company'sshare-based incentive plan.The maximum number of shares to be acquired is 75,000, corresponding to lessthan 0.2% of the total number of shares. The repurchases shall decrease thedistributable capital and reserves.The share repurchases shall start on February 10 at the earliest, and end by theend of the next Annual General Meeting on March 31, 2010 at the latest.The shares shall be acquired through public trading on the NASDAQ OMX Helsinkiexchange at market price prevailing at the time of repurchase. Evli Bank Plcwill act as stock broker in the repurchases.Ahlstrom's Board of Directors has an authorization to acquire 4,500,000 of thecompany's own shares, which is valid until the end of the 2010 Annual GeneralMeeting.Ahlstrom CorporationBoard of DirectorsFurther information:CFO Seppo ParviTel. +358 10 888 4768Distribution:NASDAQ OMX HelsinkiMain mediawww.ahlstrom.com Ahlstrom in briefAhlstrom is a global leader in the development, manufacture and marketing ofhigh performance nonwovens and specialty papers. Ahlstrom´s products are used ina large variety of everyday applications, such as filters, wipes, flooring,labels, and tapes. Based upon its unique fiber expertise and innovativeapproach, the company has a strong market position in several business areas inwhich it operates. Ahlstrom's 6,000 employees serve customers via sales officesand production facilities in more than 20 countries on six continents. In 2008,Ahlstrom's net sales amounted to EUR 1.8 billion. Ahlstrom's share is quoted onthe NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.[HUG#1380072]




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Bereitgestellt von Benutzer: hugin
Datum: 03.02.2010 - 05:03 Uhr
Sprache: Deutsch
News-ID 1009940
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