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    STERV   FI0009005961

STORA ENSO OYJ

(STERV)
  Report
Delayed Nasdaq Helsinki  -  11:29:42 2023-01-27 am EST
13.57 EUR   -3.14%
01/27Stora Enso Reaches Agreement To Sell Swedish Paper Production Site
MT
01/27Finland's Stora Enso Ends Segment Reporting of Paper Division
MT
01/27Stora Enso changes its segment reporting
AQ
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Stora Enso shares converted

11/15/2022 | 05:01am EST

STORA ENSO OYJ STOCK EXCHANGE RELEASE 15 November 2022 at 12:00 EET

During the 1-31 October 2022 conversion period there was one conversion and a total of 10 A shares were converted into R shares. The shares were recorded in the Finnish trade register today, 15 November 2022, and trading in the new R shares will start on 16 November 2022.

Breakdown of shares after conversion:

A shares     176,238,547
R shares     612,381,440
Total           788,619,987

Each A share and each ten R shares carry one vote. The total amount of votes after the conversion is at least 237,476,691.

For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691


Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials, wooden construction and paper, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 22,000 employees and our sales in 2021 were EUR 10.2 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com/investors

STORA ENSO OYJ

For further information, please contact:
Hanne Karrinaho
Head of Financial Communications
tel. +358 40 766 9452

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691

https://news.cision.com/stora-enso-oyj/r/stora-enso-shares-converted,c3666826

(c) 2022 Cision. All rights reserved., source Press Releases - English

All news about STORA ENSO OYJ
01/27Stora Enso Reaches Agreement To Sell Swedish Paper Production Site
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01/27Finland's Stora Enso Ends Segment Reporting of Paper Division
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01/27Stora Enso changes its segment reporting
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01/20100% fossil-free structural boards and building elements with NeoLigno by Stora Enso
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01/17Factbox-Companies sell their businesses in Russia
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Analyst Recommendations on STORA ENSO OYJ
More recommendations
Financials
Sales 2022 11 638 M 12 634 M 12 634 M
Net income 2022 1 290 M 1 400 M 1 400 M
Net Debt 2022 2 114 M 2 294 M 2 294 M
P/E ratio 2022 8,52x
Yield 2022 4,57%
Capitalization 10 918 M 11 852 M 11 852 M
EV / Sales 2022 1,12x
EV / Sales 2023 1,20x
Nbr of Employees 22 000
Free-Float 85,4%
Chart STORA ENSO OYJ
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Technical analysis trends STORA ENSO OYJ
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TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 13,57 €
Average target price 15,78 €
Spread / Average Target 16,3%
EPS Revisions
Managers and Directors
Annica Bresky President & Chief Executive Officer
Seppo Matti Parvi Chief Financial Officer
Antti Mikael Mńkinen Chairman
Hock Goh Independent Director
Elisabeth Fleuriot Independent Director
Sector and Competitors
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STORA ENSO OYJ3.19%11 852
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HOLMEN AB (PUBL)3.29%6 757
EMPRESAS CMPC S.A.-0.42%4 365