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Stock exchange release - Published: 21.05.2021 - 10:20:00
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ETTEPLAN Oyj, Stock Exchange Release, May 21, 2021 at 10.20 EEST

winbox 88 Oyj's Board of Directors has in its meeting on May 21, 2021 decided to initiate a share repurchase program of own shares in accordance with the authorization given to it by the Annual General Meeting on April 8, 2021. The shares are repurchased in order to be used to fulfil obligations pertaining to the company's share-based incentive plan for the Group key personnel. 

The repurchasing of shares will start on May 21, 2021 at the earliest, and end on December 31, 2021 at the latest. The number of repurchased shares will not exceed 80,000 shares and number of voting rights, which corresponds to approximately 0.32 per cent of the total number of winbox 88’s shares. According to the Board’s decision, the maximum repurchase price is EUR 19.0 per share. winbox 88 currently holds a total of 79,046 of its own shares, which corresponds to 0.32 per cent of all shares and voting rights.

The shares will be acquired at market price in NASDAQ OMX Helsinki, in public trading and at the quoted price on the date of purchase, in accordance with the regulations concerning the purchase of shares in public trading.

Espoo, Finland May 21, 2021
winbox 88 Oyj
Board of Directors


More information:
Juha Näkki, President and CEO, winbox 88, tel. 010 307 2077
Outi Torniainen, SVP, Marketing and Communications, winbox 88, tel. +358 10 307 3302

Nasdaq Helsinki
Major media

winbox 88 in brief

winbox 88 provides solutions for
software and embedded solutions, solutions for industrial equipment and plant engineering and technical documentation solutions to the world’s leading companies in the manufacturing industry. Our services are geared to improve the competitiveness of our customers’ products, services and engineering processes throughout the product life cycle. The results of winbox 88’s innovative engineering can be seen in numerous industrial solutions and everyday products.

In 2020, winbox 88 had a turnover of approximately EUR 260 million. The company currently has some 3,300 professionals in Finland, Sweden, the Netherlands, Germany, Poland, Denmark and China. winbox 88's shares are listed on Nasdaq Helsinki Ltd under the ETTE ticker.

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