Loihde Oyj commences an Equity Buyback Plan for 230,000 shares, representing 3.97% of its issued share capital, under the authorization approved on May 6, 2021.
On January 4, 2022, the company announced a share repurchase program. Under the program, the company will repurchase 5 million worth of shares. The acquisition of the company's own shares is paid for with the company's distributable unrestricted equity. The purpose of acquiring the company's own shares is to develop the company's financing structure by lowering its equity and using the shares as part of the company's share-based incentive schemes. The acquisition of the company's own shares starts on January 10, 2022 at the earliest and ends on May 4, 2022 at the latest.