Orion Corporation completed share acquisitions

Orion Corporation completed share acquisitions

ID: 477974

(Thomson Reuters ONE) -



ORION CORPORATION      STOCK EXCHANGE RELEASE 15 JUNE 2016 at 18.40
EEST


Orion Corporation completed share acquisitions

The share acquisitions announced by Orion Corporation on 27 April 2016 have been
completed. The Company has purchased during the time period from 3 June 2016 to
15 June 2016 through public trading in accordance with the rules of on the
Nasdaq Helsinki Ltd. a total of 500,000 Company's own B shares at an average
price per share of approximately EUR 33.5319. The total purchase price paid for
the shares was EUR 16,765,946.50.

After the repurchases, the Company holds a total of 783,366 own B shares
corresponding to approximately 0.55% of the total number of the shares and
0.09% of the votes.



Orion Corporation



Timo Lappalainen   Olli Huotari
President and CEO SVP, Corporate Functions




Contact person:
Tuukka Hirvonen, Communications Manager, Financial Communications & Investor
Relations
tel. +358 10 426 2721



Publisher:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
Homepage: www.orion.fi


Orion is a globally operating Finnish company developing pharmaceuticals and
diagnostic tests - a builder of well-being. Orion develops, manufactures and
markets human and veterinary pharmaceuticals, active pharmaceutical ingredients
and diagnostic tests. The company is continuously developing new drugs and
treatment methods. The core therapy areas of Orion's pharmaceutical R&D are
central nervous system (CNS) disorders, oncology and respiratory for which Orion
developes inhaled Easyhaler® pulmonary drugs.

Orion's net sales in 2015 amounted to EUR 1,016 million and the Company had
about 3,400 employees. Orion's A and B shares are listed on Nasdaq Helsinki.







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: Orion Oyj via GlobeNewswire
[HUG#2020874]




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Bereitgestellt von Benutzer: hugin
Datum: 15.06.2016 - 17:40 Uhr
Sprache: Deutsch
News-ID 477974
Anzahl Zeichen: 2591

contact information:
Town:

Espoo



Kategorie:

Business News



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