Apetit Oyj : Plc completes the acquisition of company's own shares
April 15, 2024 at 01:04 am
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Published: 2024-04-15 07:00:01 CEST
Apetit Plc
Changes in company's own shares
Apetit Plc completes the acquisition of company's own shares
15.4.2024 08:00:01 EEST | Apetit Oyj | Changes in company's own shares
Apetit Plc completes the acquisition of company's own shares
Apetit Plc has completed the acquisition of the company's own shares, of which the company announced on 30 November 2023. The share repurchases began on 7 December 2023 and ended on 10 April 2024. During this period, Apetit repurchased 46,005 own shares with a total value of EUR 604,522.30 and an average price of EUR 13.14036. The shares were repurchased using the Company's unrestricted equity and the shares were acquired in several lots in public trading arranged by Nasdaq Helsinki Ltd.
The acquisition of the company's own shares was based on the authorization given by the Annual General Meeting on 13 April 2023. In accordance with the authorization, the acquisition of the company's own shares was to implement share-based incentive plans or for other purposes specified by the Board of Directors.
Apetit Plc now holds a total of 109,273 shares including the shares repurchased on 10 April 2024. Before beginning the share purchase Apetit Plc had 63,268 own shares.
Apetit is a food industry company firmly rooted in Finnish primary production. Our operations are based on a unique and sustainable value chain: we create well-being with vegetables by offering tasty food solutions that make daily life easier and produce high-quality vegetable oils and rapeseed expellers for feeding stuff. Apetit Plc's shares are listed on Nasdaq Helsinki. Read more: apetit.fi
This news release was distributed by Company News System, www.nasdaqomxnordic.com/news/marketnotices
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Apetit Oyj, formerly Lannen Tehtaat Oyj, is a Finland-based company engaged in the food sector. The Company is operational through two main business segments: Frozen Foods, which sells and markets frozen vegetables, frozen ready meals, frozen pizzas and pizza bases under the brand name Apetit; and Grains and Oilseeds, specializing in trading of grains, oilseeds, pulses and raw materials for feeds under the brand names Avena and Mildola. It also markets and sells vegetable oils and expeller. The Company operates a number of subsidiaries, including Apetit Suomi Oy, Apetit Pakaste Oy, Apetit Kala Oy, Martim Food AS, Avena Nordic Grain Oy, ZAO Avena St. Petersburg, TOO Avena Astana, OOO Avena-Ukraine and Mildola Oy, among others.