Loihde Plc cancels treasury shares
29.4.2024 16:00:00 EEST | Loihde Oyj | Company Announcement
The Board of Directors of Loihde Plc has decided to cancel a total of 59,123 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 5 September 2023 and the ending on 22 April 2024.
After the cancellation, the total number of shares in Loihde Plc is 5,731,803 shares. The cancellation will take effect after its entry in the Trade Register, which is estimated to take place on 7 May 2024.
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 850 skilled professionals, and our revenue in 2023 amounted to EUR 133 million. loihde.com