Cargotec to repurchase own shares for incentive programme reward payment
(Thomson Reuters ONE) -
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 18 MARCH 2015 AT 5:25 PM (EET)
Cargotec to repurchase own shares for incentive programme reward payment
Cargotec Corporation's Board of Directors has decided to exercise the
authorisation of the Annual General Meeting on 18 March 2015 to repurchase
company's own shares. Cargotec will repurchase 28,030 class B shares to be used
as reward payment for the restricted shares programme 2014 under Cargotec's
share-based incentive programme 2014. The shares will be purchased at public
trading on NASDAQ OMX Helsinki Ltd at the market price. The repurchases will
start on 19 March 2015 at the earliest.
According to the authorisation given to the Board of Directors by the Annual
General Meeting, the maximum amount of shares that can be acquired is 952,000
class A shares and 5,448,000 class B shares.
For further information, please contact:
Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084
Cargotec shapes the cargo handling industry for the benefit of its customers and
shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world. Their
global network is positioned close to customers and offers extensive services
that ensure a continuous, reliable and sustainable performance according to
customers' needs. Cargotec's sales totalled approximately EUR 3.4 billion in
2014 and it employs approximately 11,000 people. Cargotec's class B shares are
quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV. www.cargotec.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Cargotec Corporation via GlobeNewswire
[HUG#1904525]
Unternehmensinformation / Kurzprofil:
Datum: 18.03.2015 - 16:25 Uhr
Sprache: Deutsch
News-ID 379540
Anzahl Zeichen: 2367
contact information:
Town:
Helsinki
Kategorie:
Business News
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