Treasury shares
The authorizations granted by the Annual General Meeting in connection with the disposal or repurchase of own shares can be read here.
Disposal of own shares based on share plans
On February 27, 2024, a total of 257 945 of Alma Media Corporation’s treasury shares are conveyed without consideration and according to the plan terms to the key management participating in the Performance Share Plan 2021 and Matching Share Plan 2021 of the company’s Long-Term Incentive Schemes launched in 2021. More details of these Long-Term incentive plans have been announced in a stock exchange release issued on 7 April 2021.
The directed share issue is based on an authorization given by the Annual General Meeting held on 4 April 2023.
Following the directed share issue, the number of treasury shares now stands at 51 944 shares.
On 16 March, 2023, a total of 128 828 of Alma Media Corporation’s treasury shares were conveyed without consideration and according to the plan terms to the key management participating in the LTI 2015 IV and Performance Share Plan 2020 of the company’s Long-Term Incentive Schemes launched in 2015 and 2020. More details of these Long-Term incentive plans have been announced in a stock exchange release issued on 27 February 2015 and on 14 February 2020. The directed share issue was based on an authorisation given by the Annual General Meeting held on 29 March 2022.
On February 24, 2022, a total of 218 092 of Alma Media Corporation’s treasury shares were conveyed without consideration and according to the plan terms to the key management participating in the LTI 2015 III, LTI 2015 IV and Performance Share Plan 2019 of the company’s Long-Term Incentive Schemes launched in 2015 and 2019. More details of these Long-Term incentive plans have been announced in a stock exchange release issued on 27 February 2015 and on 18 December 2018. The directed share issue is based on an authorisation given by the Annual General Meeting held on 24 March 2021.
On 11 March 2021, Alma Media disclosed that a total of 57 630 of Alma Media Corporation’s treasury shares were conveyed without consideration and according to the plan terms to the key management participating in the LTI 2015 II of the company’s Long-Term Incentive Programme launched in 2015. The directed share issue was based on an authorisation given by the Annual General Meeting held on 29 April 2020.
Repurchase of own shares based on share plans
2023
Alma Media Corporation’s Board of Directors decided to use the buyback authorisation of Alma Media’s shares granted by the Annual General Meeting on April 4, 2023 for the implementation of the company’s share-based incentive programme. The buyback programme was initiated on April 25, 2023 and was terminated when the needed amount of shares had been purchased on 19 September, 2023. The number of shares acquired was 300 000 shares and the average price per share was 9.1854 euros. Following the acquisition, the corporation owns the total of 309 889 shares, representing approximately 0.4 per cent of all Alma Media shares. The total registered number of shares in Alma Media is 82,383,182.
2022
Alma Media Corporation’s Board of Directors decided to use the buyback authorisation of Alma Media’s shares granted by the Annual General Meeting on 29 March 2022. The buyback programme was initiated on April 1, 2022 and was terminated once all the shares had been purchased (on 27 March, 2023). The number of shares acquired was 400,000 shares, which represents approximately 0.5 per cent of all Alma Media shares. The acquired shares will be used to implement the company’s share-based incentive programme.
2021
On 20 October 2021, Alma Media Corporation’s Board of Directors decided to use the buyback authorisation of Alma Media’s shares granted by the Annual General Meeting on 24 March 2021. The buyback programme initiated on 25 October 2021 and was terminated when all the shares were purchased. The number of shares to be acquired was a maximum of 320,000 shares, which represented approximately 0.4 per cent of all Alma Media shares. The acquired shares were used to implement the company’s share-based incentive programme.
2020
On 29 April, Alma Media Corporation’s Board of Directors decided to use the buyback authorisation of Alma Media’s shares granted by the Annual General Meeting on 29 April 2020. The buyback programme initiated on 4 May 2020 and terminated on 5 June 2020. The number of shares acquired was a maximum of 90,000 shares, which represented approximately 0.1 per cent of all Alma Media shares. The acquired shares was used to implement the company’s share-based incentive programme.
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 terminated on 10 March 2020. The number of shares acquired was a maximum of 90,000 shares, which represented approximately 0.1 per cent of all Alma Media shares. The acquired shares were used for implementing a share-based incentive programme.