Amer Sports to start repurchases of own shares
(Thomson Reuters ONE) -
Amer Sports Corporation
STOCK EXCHANGE RELEASE February 15, 2011
at 4:00 pm
Amer Sports Board of Directors has today decided to utilize the authorization
given by the Annual General Meeting held on March 10, 2010 to repurchase Amer
Sports shares. The company will acquire its own shares in order to implement
share-based incentive plans for 2011 and 2012 for the group's key personnel. The
repurchases will start at the earliest on February 23, 2011 and end on September
9, 2011 at the latest. The amount to be acquired is maximum one (1) million
shares.
The shares shall be repurchased otherwise than in proportion to the holdings of
the shareholders by using the non-restricted equity through public trading on
the NASDAQ OMX Helsinki Stock Exchange at the prevailing market price at the
time of acquisition. The shares shall be repurchased and paid for in accordance
with the rules of NASDAQ OMX Helsinki and Euroclear Finland Ltd.
For further information, please contact:
Esko Heinälehto, Group Treasurer, tel. +358 9 7257 8258,
esko.heinalehto(at)amersports.com
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com
AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with
internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx,
Precor, Suunto and Mavic. The company's technically-advanced sports equipment,
footwear and apparel improve performance and increase the enjoyment of sports
and outdoor activities. The Group's business is balanced by its broad portfolio
of sports and products and a presence in all major markets. Amer Sports shares
are listed on the NASDAQ OMX Helsinki stock exchange.
Amer Sports to start repurchases of own shares :
http://hugin.info/3020/R/1489159/424475.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters 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: Amer Sports Oyj via Thomson Reuters ONE
[HUG#1489159]
Unternehmensinformation / Kurzprofil:
Datum: 15.02.2011 - 15:00 Uhr
Sprache: Deutsch
News-ID 51497
Anzahl Zeichen: 2598
contact information:
Town:
Helsinki
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 225 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Amer Sports to start repurchases of own shares"
steht unter der journalistisch-redaktionellen Verantwortung von
Amer Sports Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
