Repurchase of Outokumpu’s own shares

Outokumpu Oyj
Stock exchange release
December 4, 2023, at 9.30 am EET

Repurchase of Outokumpu’s own shares

On December 1, 2023, Outokumpu has completed repurchases its own shares as follows (ISIN FI0009002422):

Trading venue

Number of shares

Weighted average price / share, EUR*

Total cost, EUR*

CEUX

37,855

4.2733

161,765.52

XHEL

75,785

4.2808

324,421.60

AQEU

968

4.2425

4,106.74

Total:

114,608

4.28

490,293.86

* Rounded to two decimals

Outokumpu announced a share buyback program of a maximum of 11 million shares on November 29, 2023. The Board of Directors approved a share buyback program of up to EUR 50 million under the authorization of the Annual General Meeting. The program will end no later than on March 21, 2024.

After the disclosed transactions, Outokumpu holds 23,155,898 treasury shares.

Details of transactions are included as an appendix to this announcement.

 For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Media: Päivi Allenius, VP – Communications and Brand, tel. +358 40 753 7374

Media desk, tel. +358 40 351 9840, e-mail media@outokumpu.com