Amer Sports to start repurchases of own shares
(Thomson Reuters ONE) -
Amer Sports Corporation
STOCK EXCHANGE RELEASE
February 13, 2017 at 2:00 p.m.
Amer Sports to start repurchases of own shares
Amer Sports Board of Directors has decided to utilize the authorization given by
the Annual General Meeting held on March 8, 2016 to repurchase Amer Sports
shares. The repurchases will start at the earliest on February 13, 2017 and end
on September 7, 2017 at the latest. The amount to be acquired is maximum of
10,000,000 shares.
The company's own shares shall be repurchased otherwise than in proportion to
the holdings of the shareholders by using the non-restricted equity through
trading on regulated market organized by Nasdaq Helsinki Ltd at the market price
prevailing at the time of the acquisition. The shares shall be repurchased and
paid for in accordance with the rules of Nasdaq Helsinki Ltd and Euroclear
Finland Ltd.
For further information, please contact:
Päivi Antola, Director, Corporate Communications and IR, tel. +358 207 122 537
Amer Sports Corporation
DISTRIBUTION:
Nasdaq Helsinki
Main 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,
Mavic, Suunto and Precor. 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 Helsinki stock exchange (AMEAS).
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Amer Sports Oyj via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 13.02.2017 - 13:00 Uhr
Sprache: Deutsch
News-ID 523726
Anzahl Zeichen: 2243
contact information:
Town:
Helsinki
Kategorie:
Business News
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