Repurchase of treasury shares on 16
Marimekko Corporation, Stock Exchange Press Release, November 17, 2022 at 8:00 a.m.
Marimekko Corporation: Repurchase of own shares on November 16, 2022
On November 16, 2022, Marimekko Corporation (LEI: 74370053IOY42B9YJ350) acquired its own shares (ISIN FI0009007660) as follows:
|Transaction date||November 16, 2022|
|Stock exchange trading||To buy|
On November 14, 2022, Marimekko announced that it would start acquiring treasury shares of the company based on the authorization granted by the Annual General Meeting of April 12, 2022. In accordance with the authorization granted by the General Meeting annually, the shares acquired may be used for the company’s incentive compensation program, transferred to other purposes or cancelled. After the disclosed transactions, Marimekko Corporation holds 37,790 of its own shares.
Details of the transactions are included as an appendix to this announcement.
On behalf of Marimekko Corporation
Further information :
Such. +358 40 5846944
Nasdaq Helsinki Ltd
Marimekko is a Finnish lifestyle design company renowned for its original prints and colors. The company’s product portfolio includes high-quality clothing, bags and accessories as well as home décor items ranging from textiles to tableware. When Marimekko was founded in 1951, its unrivaled printed fabrics gave it a strong and unique identity. In 2021, the company’s net sales amounted to 152 million euros and the product brand’s sales worldwide amounted to 376 million euros. Globally, there are approximately 150 Marimekko stores, and the online store serves customers in 35 countries. The main markets are Northern Europe, the Asia-Pacific region and North America. The Group employs around 410 people. The company’s stock is listed on Nasdaq Helsinki Ltd. www.marimekko.com