Ahlstrom completes share repurchase program, acquires total 250,000 shares at average price of €12.45
November 18, 2011
– Ahlstrom Corporation, a global high performance materials company, has completed the repurchase program of its own shares announced on September 15, 2011.
The company acquired a total of 250,000 own shares at an average price of EUR 12.45 through public trading on the NASDAQ OMX Helsinki Exchange. The shares were acquired under the authorization granted by the Annual General Meeting 2011 for the implementation of the company's share-based incentive plan. Evli Bank plc acted as a stock broker in the repurchases.
Ahlstrom's Board of Directors has an authorization to acquire 4,000,000 of the company's own shares, which is valid until the end of the 2012 Annual General Meeting. Ahlstrom currently holds a total of 269,005 own shares, corresponding to approximately 0.58 percent of the total shares and votes.