Ahlstrom-Munksjö completes the repurchases of own shares

AHLSTROM-MUNKSJÖ OYJ STOCK EXCHANGE RELEASE MARCH 9, 2020 at 14:15 a.m. EET

Ahlstrom-Munksjö has completed the repurchases of its own shares. On February 13, 2020, the Board of Directors decided to utilize the authorization given by the Annual General Meeting (AGM) held on March 27, 2019, to repurchase a maximum of 300,000 own shares.

The repurchases started on February 18, 2020 and ended on March 5, 2020. During this period, Ahlstrom-Munksjö repurchased 300,000 shares, corresponding to about 0.3 per cent of the total number of shares and votes.

The repurchased shares will be used for implementing future share-based incentive programs of the company. The shares were acquired through public trading on Nasdaq Helsinki at the market price prevailing at the time of repurchase.

Following the repurchases, the company holds 664 862 own shares.

For further information, please contact:

Juho Erkheikki, Investor Relations Manager, tel. +358 50 413 45 83, juho.erkheikki@ahlstrom-munksjo.com

Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to its customers. Our mission is to expand the role of fiber-based solutions for sustainable everyday life. Our offering include filter materials, release liners, food and beverage processing materials, decor papers, abrasive and tape backings, electrotechnical paper, glass fiber materials, medical fiber materials and solutions for diagnostics as well as a range of specialty papers for industrial and consumer end-uses. Our annual net sales is about EUR 3 billion and we employ some 8,000 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. Read more at www.ahlstrom-munksjo.com