businesspress24.com - Metso to buy back 300,000 own shares for its Share Ownership Plan
 

Metso to buy back 300,000 own shares for its Share Ownership Plan

ID: 1010107

(Thomson Reuters ONE) - Metso Corporation's company release on February 8, 2010 at 5:00 p.m.The Board of Directors of Metso Corporation has decided, in accordance with theauthorization granted by the Annual General Meeting on March, 31 2009, torepurchase a maximum number of 300,000 Company's own shares, which correspondsto about 0.2 percent of all the outstanding shares of Metso. The shares shall berepurchased as part of the Company's incentive program i.e. Metso ShareOwnership Plans to be used as potential reward payments in accordance with thePlan criteria.Own shares will be purchased with the Company's distributable funds and thus therepurchases will reduce the Company's distributable non-restricted equity.Shares will be purchased at market price in public trading on the NASDAQ OMX inHelsinki Exchange.The repurchase of own shares will start on February 16, 2010 at the earliest andit will end on March 26, 2010 at the latest.At the moment, Metso Corporation holds a total of 409,617 own shares.Metso is a global supplier of sustainable technology and services for mining,construction, power generation, automation, recycling and the pulp and paperindustries. We have about 27,000 employees in more than 50 countries.www.metso.comFor further information, please contact:Pekka H??Senior Vice President, Corporate Treasurer, Metso Corporation,tel. +358 20 484 3195Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel.+358 20 484 3253Metso CorporationOlli VaartimoExecutive Vice President and CFOKati RenvallVice President, Group CommunicationsDistribution:NASDAQ OMX Helsinki LtdMediawww.metso.com[HUG#1381786]




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Notice to the Annual General Meeting
Bereitgestellt von Benutzer: hugin
Datum: 08.02.2010 - 10:02 Uhr
Sprache: Deutsch
News-ID 1010107
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