Pöyry initiates share buyback
(Thomson Reuters ONE) -
PÖYRY PLC Company Announcement 27 April 2011 at 8.00 a.m.
On 26 April 2011 the Board of Directors of Pöyry PLC has resolved to commence
acquiring the company's own shares. The resolution of the Board of Directors is
based on the authorisation granted by the Annual General Meeting on 10 March
2011.
The shares may be acquired in order to develop the company's capital structure,
to be used as payment in corporate acquisitions or when the company acquires
assets related to its business and as part of the company's incentive programmes
in a manner and to the extent decided by the Board of Directors, and to be
transferred for other purposes, or to be cancelled.
The shares will be acquired in public trading on NASDAQ OMX Helsinki at their
market price at the time of purchase. The share buyback will begin on 5 May
2011 at the earliest. The shares may be acquired until 10 December 2011.
The company holds 276,128 own shares of the company.
PÖYRY PLC
Additional information by:
Anne Viitala, Executive Vice President, Legal and Commercial
Tel. +358 10 33 22811
Pöyry is a global consulting and engineering company dedicated to balanced
sustainability and responsible business. With quality and integrity at our core,
we deliver best-in-class management consulting, total solutions, and design and
supervision. Our in-depth expertise extends to the fields of energy, industry,
urban & mobility and water & environment. Pöyry has 7,000 experts and a local
office network in about 50 countries. Pöyry's net sales in 2010 were EUR 682
million and the company's shares are quoted on the NASDAQ OMX Helsinki. (Pöyry
PLC: POY1V).
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.poyry.com
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: Pöyry Oyj via Thomson Reuters ONE
[HUG#1509206]
Unternehmensinformation / Kurzprofil:
Datum: 27.04.2011 - 07:00 Uhr
Sprache: Deutsch
News-ID 53884
Anzahl Zeichen: 2493
contact information:
Town:
Vantaa
Kategorie:
Business News
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