HELSINKI, Finland, Dec. 14, 2006 (PRIME NEWSWIRE) -- Metso Corporation has repurchased 300,000 its own shares for use as incentives for key personnel. The shares have been repurchased at the rate quoted in public trading of the shares on the Helsinki Stock Exchange at the time of purchase.
Time period 8.12.-13.12.2006 Bourse trade Buy Share MEO1V Amount 300,000 shares Total cost 10,989,900.00 EUR Average price/share 36,633 EUR
Metso Corporation holds 360,841 own shares including the shares now repurchased. This corresponds to 2.5 percent of the paid up share capital of Metso Corporation.
Metso is a global engineering and technology corporation with 2005 net sales of approximately EUR 4.2 billion. Its 22,000 employees in more than 50 countries serve customers in the pulp and paper industry, rock and minerals processing, the energy industry and selected other industries.