UPM-Kymmene Corporation Concludes Successful Share Buy-Back Program

UPM-Kymmene Corporation Concludes Successful Share Buy-Back Program



UPM-Kymmene Corporation, renowned for its innovative material solutions, has successfully completed a significant share repurchase initiative that began in February 2025. This program aimed to enhance shareholder value and optimize the company’s equity structure. Announced on February 5, 2025, the buy-back program has concluded with impressive results. Over the duration of the program, UPM managed to repurchase a substantial 6 million shares, equating to around 1.1% of its total shares, between February 10 and April 8, 2025.

The shares were acquired at an average price of EUR 26.60 each, marking a thoughtful investment in the company’s future. The total financial commitment for this buy-back amounted to approximately EUR 160 million, a strategic move meant to bolster investor confidence and market performance. In addition to enhancing shareholder value, the repurchase underlines UPM’s dedication to maintaining a robust equity base.

With the completion of this program, UPM now holds a total of 6,411,653 shares, a significant portion of which will be cancelled. This action will leave the company with 411,653 own shares following the cancellation, reflecting a disciplined approach to financial management. Importantly, these shares were repurchased at market price from Nasdaq Helsinki Ltd, differing from the proportionate method of share repurchase which often favors existing shareholders.

UPM-Kymmene is recognized globally as a leader in sustainable solutions, specializing in renewable fibers, advanced materials, and other innovative products. Besides its commercial pursuits, UPM remains committed to environmental sustainability, evidenced by accolades from organizations such as EcoVadis and inclusion in the Dow Jones Sustainability Indices. With a workforce of approximately 15,800 employees and annual sales reaching around €10.3 billion, UPM continues to position itself as a pioneering firm in the materials sector.

This successful completion of the buy-back program is anticipated to positively influence UPM’s market presence and investor relationships, serving as a testament to its proactive corporate governance. The program not only reflects the company’s strong financial position but also its commitment to returning value to shareholders.

For more information on UPM’s ongoing initiatives and market strategies, interested parties can visit UPM's official website or follow the company on its social media platforms including LinkedIn, Facebook, YouTube, and Instagram. UPM continues to renew its commitment to sustainability and innovative solutions, reinforcing its role as a key player in reshaping the future of materials and resources.

In conclusion, the wrap-up of UPM-Kymmene Corporation's buy-back program marks a pivotal moment for the company as it navigates the complexities of the stock market while remaining committed to sustainable practices and shareholder value enhancement. Investors and stakeholders alike are optimistic about the implications of this strategic decision and are keenly looking forward to UPM’s future endeavors.

Topics Business Technology)

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