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Tamtron Group Plc’s share buyback programme has ended

02.01.2025, 09.00
Tamtron
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Tamtron Group Plc | Company Release | January 02, 2025 at 10:00:00 EET

The Board of Directors of Tamtron Group Plc decided to start a share buyback programme on 21 October 2024 based on the authorization given by the Annual General Meeting on 11 April 2024.

Tamtron Group Plc has now completed the share buyback programme. The repurchases of own shares begun on 24 October 2024 and ended on 30 December 2024. During this period Tamtron Group Plc acquired 25,080 pcs of own shares with an average price of 5.6938 euros per share. The shares were acquired in public trading at the market price at the time of acquisition on Nasdaq First North Growth Market Finland marketplace.

The repurchased shares may be used among others for development of the Company’s capital structure, and use of shares as a part of Company’s share-based incentive schemes, acquisitions or other similar purposes determined on by the Board of Directors.

Tamtron Group Plc has a total of 7,293,376 shares and currently holds in total 25,080 pcs of its own shares.

Further enquiries

Mikko Keskinen, CEO, Tamtron Group Plc
mikko.keskinen@tamtron.com

Certified advisor, Translink Corporate Finance Oy
Tel. +358 40 091 8855
jari.lauriala@translinkcf.fi

About Us
Tamtron is an international provider of weighing and dosing technology and digital services for handling material flows. Tamtron’s solutions help customers operate in a more efficient manner in over 60 countries and in all major industries, including civil engineering, mining, forestry, waste management and recycling, ports, transport and logistics, process and manufacturing. In addition, Tamtron also provides its customers with comprehensive life cycle services, including verification, maintenance and spare parts services.

Tamtron has two offices in Finland, the headquarters in Tampere and Lahti office, and subsidiaries in eight European countries. In addition, Tamtron’s solutions are offered by international partner network. Tamtron Group employs approximately 270 professionals in Finland, Sweden, Norway, Denmark, Germany, Czech Republic, Slovakia, Poland and Estonia.

Tamtron's net sales was EUR 54,9 million and operating profit EUR 2,5 million in the financial period ending on December 31, 2023. In fiscal year 2023, Tamtron employed on average 269 people.

For more information, visit: www.tamtron.com
 

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Tamtron Group Plc’s share buyback programme has ended

Tamtron

5,56 EUR02.01.2025, 18.00
6,00 EUR
Kursmål
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Anbefaling opdateret:15.08.2024
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