Amer Sports Corporation
STOCK EXCHANGE RELEASE
August 15, 2011 at 6:30 pm
Amer Sports Board of Directors has today decided to utilize the authorization
given by the Annual General Meeting held on March 10, 2011 to repurchase Amer
Sports shares. The repurchases will start at the earliest on August 23, 2011 and
end on June 30, 2012 at the latest. The amount to be acquired is maximum three
(3) million shares.
The shares shall be repurchased otherwise than in proportion to the holdings of
the shareholders by using the non-restricted equity through public trading on
the NASDAQ OMX Helsinki Stock Exchange at the prevailing market price at the
time for acquisition. The shares shall be repurchased and paid for in accordance
with the rules of NASDAQ OMX Helsinki and Euroclear Finland Ltd.
For further information, please contact:
Päivi Antola, Director, Corporate Communications and Investor Relations,
tel. +358Â 9Â 7257Â 8233
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com
AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with
internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx,
Precor, Suunto and Mavic. The company's technically-advanced sports equipment,
footwear and apparel improve performance and increase the enjoyment of sports
and outdoor activities. The Group's business is balanced by its broad portfolio
of sports and products and a presence in all major markets. Amer Sports shares
are listed on the NASDAQ OMX Helsinki stock exchange.
Amer Sports to start repurchases of own shares :
http://hugin.info/3020/R/1538516/469925.pdf
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Amer Sports Oyj via Thomson Reuters ONE
[HUG#1538516]