2025-03-14 17:30:00
Raute Corporation, STOCK EXCHANGE RELEASE, 14 March 2025 at 6.30 PM (EET) | |||
Raute Corporation: SHARE REPURCHASE 14.3.2025 | |||
In the Helsinki Stock Exchange | |||
Trade date | 14.3.2025 | ||
Bourse trade | Buy | ||
Share | RAUTE | ||
Amount | 500 | Shares | |
Average price/ share | 15,8650 | EUR | |
Total cost | 7 932,50 | EUR | |
Raute Corporation now directly* holds a total of 21 129 shares | |||
including the shares repurchased on 14.3.2025 | |||
The share buybacks are executed in compliance with Regulation | |||
No. 596/2014 of the European Parliament and Council (MAR) Article 5 | |||
and the Commission Delegated Regulation (EU) 2016/1052. | |||
On behalf of Raute Corporation | |||
Nordea Bank Oyj | |||
Janne Sarvikivi | Sami Huttunen | ||
For further information, please contact: | |||
Mika Saariaho, President and CEO | |||
tel. +358 40 154 9393 | |||
www.raute.com | |||
*EAI Raute Holding Oy owns 72 031 shares. Evli Alexander Incentives | |||
has ownership and holds voting rights in EAI Raute Holding Oy. | |||
However, based on the agreement, Raute exercises actual | |||
decision-making power in the arrangement and acts as the principal, | |||
while EAI acts in the role of an agent through the holding company. | |||
Based on this control arising from the contractual features, | |||
the holding company is combined to the consolidated financial | |||
statements as a structured community. |