Konecranes launches buyback to cut capital, cancel up to 4,250,000 shares
Bitget2026/09/24 15:50- Konecranes set a share repurchase program to buy shares for capital reduction, with acquired shares to be cancelled by program end.
- Program cap set at EUR 100 million, limited to 4,250,000 shares, about 1.8% of total shares.
- Purchases to be made on Nasdaq Helsinki at market prices using unrestricted equity, outside shareholders’ proportional holdings.
- Repurchases scheduled no earlier than Nov. 1, 2026, ending no later than March 17, 2027; monthly spend capped at EUR 25 million.
- Before launch, the company held 22,911 treasury shares directly or via subsidiaries.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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