Valmet Oyj commences an Equity Buyback for 9,200,000 shares, representing 5% of its issued share capital, under the authorization approved on March 22, 2023.

Valmet Oyj (HLSE:VALMT) commences share repurchases on February 12, 2024, under the program mandated by the shareholders in the Annual General Meeting held on March 22, 2023. As per the mandate, the company is authorized to repurchase up to 9,200,000 shares, representing 5% of its issued share capital. The purpose of the share repurchases is for reasons of developing the Company's capital structure, financing or carrying out acquisitions, investments or other business transactions, or for the shares to be used in an incentive scheme. The program is valid until the next Annual General Meeting.

On December 20, 2023, the company announced a share repurchase program. Under the program, the company will repurchase up to 100,000 shares. The repurchases will commence from February 12, 2023 and will end on March 1, 2024. The purpose of the program is to meet part of the obligations arising from the LTI Plans and the Restricted Pool incentive.