Kalmar Corporation will start to repurchase own shares
31 Ottobre 2024 - 2:30PM
UK Regulatory
Kalmar Corporation will start to repurchase own shares
KALMAR CORPORATION, STOCK EXCHANGE RELEASE, 31 OCTOBER 2024 AT
15:30 PM (EET)
Kalmar Corporation will start to repurchase own
shares
The Board of Directors of Kalmar Corporation has decided to
exercise the authorisation of the Annual General Meeting of
Cargotec Corporation on 30 May 2024 to repurchase the company's own
shares. Kalmar will repurchase 250,000 class B shares which are
planned to be used as reward payments for Kalmar’s share-based
incentive programmes. The shares will be purchased at public
trading on Nasdaq Helsinki Ltd. at the market price. The
repurchases will start on 4 November 2024 at the earliest.
According to the authorisation given to the Board of Directors by
Cargotec’s Annual General Meeting, the maximum number of shares
that can be acquired is 952,000 class A shares and 5,448,000 class
B shares.
On 31 October 2024, Kalmar held no own class B shares.
Kalmar Corporation
The Board of Directors
For further information, please contact:
Sakari
Ahdekivi, CFO, tel. +358 50 400 3557
Carina Geber-Teir, SVP, IR, Marketing & Communications, tel.
+358 40 502 4697
About Kalmar
Kalmar (Nasdaq Helsinki: KALMAR) is
moving goods in critical supply chains around the world, with the
vision to be the forerunner in sustainable material handling
equipment and services. The company offers a wide range of industry
shaping heavy material handling equipment and services to ports and
terminals, distribution centres, manufacturing and heavy logistics.
Headquartered in Helsinki, Finland, Kalmar operates globally in
over 120 countries and employs approximately 5,200 people. In 2023,
the company's sales totalled approximately EUR 2.0 billion.
www.kalmarglobal.com
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