Metso has completed the buyback of 300,000 shares for its Share Ownership Plans
(Thomson Reuters ONE) -
Metso Corporation's company release on March 9, 2010 at 12:45 p.m. local time
Metso's decision announced on February 8, 2010 to repurchase a maximum number of
300,000 Company's own shares has been fully executed. The share repurchases
relate to the Company's incentive programs announced earlier (Metso Share
Ownership Plans 2009-12) to be used as potential reward payments in accordance
with the Plan criteria.
Own shares were purchased with the Company's distributable funds thus reducing
the Company's distributable non-restricted equity. Shares were purchased at
market price in public trading on the NASDAQ OMX in Helsinki Exchange. The
average purchase price per share was 23.47 euro and the total amount
7,040,303.60 euro. At the moment, Metso Parent Company holds 709,617 its own
shares.
Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 27,000 employees in more than 50 countries.
www.metso.com
For further information, please contact:
Pekka Hölttä, Senior Vice President, Corporate Treasurer, Metso Corporation,
tel. +358 20 484 3195
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel.
+358 20 484 3253
Metso Corporation
Olli Vaartimo
Executive Vice President and CFO
Kati Renvall
Vice President, Group Communications
Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com
[HUG#1392032]
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Datum: 09.03.2010 - 05:45 Uhr
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News-ID 1011051
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