STOCK EXCHANGE RELEASE 4 Feb 2009
Pöyry initiates share buyback
PÖYRY PLC Company Announcement 4 February 2009 at 3:15 p.m.
On 3 February 2009 the Board of Directors of Pöyry PLC has resolved to commence acquiring the company's own shares. The resolution of the Board of Directors is based on the authorisation granted by the Annual General Meeting on 10 March 2008.
The shares may be acquired in order to develop the company's capital structure, to be used as payment in corporate acquisitions or when the company acquires assets related to its business and as part of the company's incentive programmes in a manner and to the extent decided by the Board of Directors, and to be transferred for other purposes, or to be cancelled.
The shares will be acquired in public trading on NASDAQ OMX Helsinki at their market price at the time of purchase. The share buyback will begin on 5 February 2009 at the earliest. The shares may be acquired until 9 March 2009.
On the basis of the authorisation granted by the Annual General Meeting on 10 March 2008 a total of 148 529 own shares of the company have been acquired earlier. The company holds 395 000 own shares of the company.
President and CEO
Deputy to President and CEO
Additional information by:
Anne Viitala, Executive Vice President, Legal and Risk Management, Pöyry PLC
Tel. +358 10 33 22811
NASDAQ OMX Helsinki