Repurchase of Outokumpu’s own shares

Outokumpu Oyj
Stock exchange release
November 15, 2022, at 9.00 am EET

Repurchase of Outokumpu’s own shares

On November 14, 2022, 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

75,485

4.8207

363,892.73

XHEL

146,319

4.8174

704,880.58

AQEU

18,674

4.8107

89,835.68

TQEX

1,089

4.804

5,231.56

Total:

241,567

4.82

1,163,840.54

* Rounded to two decimals

Outokumpu announced a share buyback program of a maximum of 20 million shares on November 3, 2022. The Board of Directors approved a share buyback program of up to EUR 100 million under the authorization of the Annual General Meeting. The program will end no later than on March 24, 2023.

After the disclosed transactions, Outokumpu holds 5,818,549 treasury shares.

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

 

Outokumpu