Loihde Plc cancels treasury shares
Loihde Plc Company announcement 25 March 2025 at 2:05 p.m. EET
Loihde Plc cancels treasury shares
The Board of Directors of Loihde Plc has decided to cancel a total of 58,776 treasury shares, corresponding to 1.0% of the total number of shares and votes in the company. The cancellation does not affect the company’s share capital.
Loihde has acquired the shares that are to be cancelled through a share buyback programme, the start of which was announced on 27 June 2024 and the ending on 17 March 2025.
After the cancellation, the total number of shares in Loihde Plc is 5,731,800 shares (taking into account the share issue resolutions disclosed on 25 March 2025 at 2:00 p.m.). The cancellation will take effect after its entry in the Trade Register, which is estimated to take place on 10 April 2025.
Loihde Plc
Board of Directors
Further information
CEO Samu Konttinen:
Media contact: Director of Communications Tiina Nieminen, tel. +358 44 411 3480, tiina.nieminen@loihde.com
Certified Adviser Aktia Alexander Corporate Finance Oy, tel. +358 50 520 4098
Loihde enables business continuity. We help our customers to gain a sustainable competitive edge through data, AI and digitalisation, to harness the potential of the cloud and to protect themselves against both physical and cyber threats. The combining of these skills is what makes Loihde a unique and comprehensive partner. We are approximately 820 skilled professionals, and our revenue in 2024 amounted to EUR 140 million. loihde.com