KESKO CORPORATION STOCK EXCHANGE RELEASE 04.02.2014 AT 9.25 1(1)
Kesko to start acquisition of own B shares
Kesko Corporation's Annual General Meeting held on 8 April 2013 authorised the
company's Board to acquire the company's own B shares. By virtue of the
authorisation, the Board has decided to start the acquisition.
Based on the Board's decision, a total maximum of 500,000 own B shares can be
acquired. As of 31 December 2013, Kesko held a total of 548,984 own shares in
treasury.
Own B shares shall be acquired with the company's unrestricted equity, not in
proportion to shares held by shareholders, and at the market price quoted in
regulated market organised by NASDAQ OMX Helsinki Ltd ("stock exchange") on the
date of acquisition. The shares shall be acquired and paid in accordance with
the rules of the stock exchange. The shares acquired will be used primarily for
implementing the company's incentive scheme.
Further information is available from Jukka Erlund, Senior Vice President, Chief
Financial Officer, tel. +358Â 105Â 322 113.
Kesko Corporation
Merja Haverinen
Vice President, Group Communications
DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi
This announcement is distributed by GlobeNewswire on behalf of
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(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: Kesko Oyj via GlobeNewswire
[HUG#1758947]
