Helsinki, Finland, 2016-01-04 08:30 CET (GLOBE NEWSWIRE) --
Lassila & Tikanoja plc Stock exchange release 4 January 2016 at 9:30 am
Lassila & Tikanoja has concluded the repurchase of own shares started on 2 September 2015
Lassila & Tikanoja has concluded the repurchase of own shares which was announced on 2 September 2015. Based on the authorisation by the Annual General Meeting on 18 March 2015, the L&T Board of Directors decided to repurchase a maximum of 500,000 of the company’s own shares.
The repurchase of own shares began on 15 September 2015 and the repurchase programme ended on 31 December 2015. The final share purchase was realised on 21 December 2015. A total of 253,406 shares were purchased during the repurchase programme.
After the repurchase of own shares, the company holds a total of 437,721 of its own shares, which corresponds to 1.1% of shares and votes.
LASSILA & TIKANOJA PLC
Timo Leinonen
CFO
Additional information:
Timo Leinonen, CFO, tel. +358 400 793 073
Lassila & Tikanoja is a service company that is transforming the consumer society into an efficient recycling society. In cooperation with our customers, we are reducing waste volumes, extending the useful lives of properties, recovering materials and decreasing the use of raw materials and energy. We help our customers to focus on their core business and protect the environment. Together, we create well-being and jobs. With operations in Finland, Sweden and Russia, L&T employs 8,000 persons. Net sales in 2014 amounted to EUR 639.7 million. L&T is listed on Nasdaq Helsinki.
Distribution:
Nasdaq Helsinki
Major media
www.lassila-tikanoja.com