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Alma Media Corporation’s Board of Directors decided on 14 February 2020 to use the buyback authorisation of Alma Media’s shares granted by the Annual General Meeting on 15 March 2019. The buyback programme initiated on 17 February 2020 and will be terminated on 20 March 2020 at the latest.
The number of shares to be acquired is a maximum of 90,000 shares, which represents approximately 0.1 per cent of all Alma Media shares. The acquired shares will be used for implementing a share-based incentive programme.
Alma Media acquired its own shares over the period 22 February–21 March 2017 based on an authorisation granted by the Annual General Meeting of 2016 and over the period 23 February–29 May 2017 based on an authorisation granted by the Annual General Meeting of 2017. In 2017 Alma Media acquired its own shares 160 000 in total.