OKMETIC OYJ STOCK EXCHANGE RELEASE 16 NOVEMBER 2011 AT 1.00 P.M.
OKMETIC OYJ CONCLUDES SHARE REPURCHASE PROGRAMME
Okmetic Oyj has completed the repurchase programme which began on 16 August
2011. Based on an existing authorisation of the extraordinary general meeting on
6 November 2008 Okmetic Oyj has repurchased 240,865 own shares which corresponds
to approximately 1.4 percent of the total number of Okmetic shares.
The shares have been repurchased with the company's distributable assets and the
repurchase decreases the company's distributable equity by 1,147,375.32 euro.
The shares have been repurchased in a proportion other than that of the shares
held by the shareholders through public trading on the NASDAQ OMX Helsinki Oy at
market price prevailing at the time of repurchase. The average purchase price
per share was 4.76 euro.
The repurchased shares may be used in developing the company's capital
structure, as compensation in possible corporate acquisitions or in other
business arrangements, as part of the company's incentive plan or transferred or
cancelled in other ways.
Currently, the company holds a total of 297,576 company's own shares.
OKMETIC OYJ
Juha Jaatinen
Senior Vice President, Finance, IT, and Communications
For further information, please contact:
Senior Vice President, Finance, IT, and Communications Juha Jaatinen, Okmetic
Oyj, tel. +358 9 5028 0286, email: juha.jaatinen@okmetic.com
Distribution:
NASDAQ OMX Helsinki
Principal media
www.okmetic.com
OKMETIC IN BRIEF
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Okmetic is a technology company which supplies tailor-made silicon wafers for
sensor and semiconductor industries and sells its technological expertise to the
solar cell industry. Okmetic provides its customers with solutions that boost
their competitiveness and profitability.
Okmetic's silicon wafers are part of a further processing chain that produces
end products that improve human interaction and quality of life. Okmetic's
products are based on high-tech expertise that generates added value for
customers, innovative product development and an extremely efficient production
process.
Okmetic has a global customer base and sales network, production plants in
Finland and the US and contract manufacturers in Japan and China.
Okmetic's shares are listed on NASDAQ OMX Helsinki under the code OKM1V. For
more information on the company, please visit our website at www.okmetic.com.
[HUG#1564286]
