Ahlstrom Corporation has announced that its Board of Directors has decided to utilize the authorization given by the Annual General Meeting held on March 25, 2009 to repurchase Ahlstrom shares for the implementation of the Company’s share-based incentive plan.
The maximum number of shares to be acquired is 75,000, corresponding to less than 0.2% of the total number of shares. The repurchases shall decrease the distributable capital and reserves. The share repurchases shall start on February 10 at the earliest, and end by the end of the next Annual General Meeting on March 31, 2010 at the latest.
The shares shall be acquired through public trading on the NASDAQ OMX Helsinki exchange at market price prevailing at the time of repurchase. Evli Bank Plc will act as stock broker in the repurchases. Ahlstrom’s Board of Directors has an authorization to acquire 4,500,000 of the company’s own shares, which is valid until the end of the 2010 Annual General Meeting.
