Tokmanni Group Corporation Stock exchange releases 18 August 2025
at 10:00 am
The Board of Directors of Tokmanni Group Corporation has decided to commence a
repurchase of Company's own shares (“buyback program”) on the basis of the
authorisation given by the Annual General Meeting held on 7 May 2025.
The maximum number of shares to be repurchased is 375,000 shares, corresponding
to approximately 0.6% of the total number of the company shares which is
58,868,752. The shares will be repurchased using the company's unrestricted
equity through public trading on Nasdaq Helsinki. The price for the shares will
be based on the price prevailing on the market on the day of the repurchase in
public trading. The maximum monetary amount to be used for the share repurchases
is 3,000,000 euros.
The share repurchases will commence on 19 August 2025 at the earliest and end on
20 October 2025 at the latest. The repurchased shares will be used for share
-based incentive plans and other share-based remuneration. Total number of own
shares held by Tokmanni Group Corporation is 11,935 shares.
The share buybacks are executed in compliance with Regulation No. 596/2014 of
the European Parliament and Council (MAR) Article 5 and the Commission Delegated
Regulation (EU) 2016/1052.
Tokmanni Group Corporation has appointed a third-party broker as the lead
manager for the buyback program. The broker will make trading decisions
independently, without influence from Tokmanni Group Corporation.
Tokmanni Group Corporation may suspend or terminate the program before the
planned end date. In such a case, Tokmanni Group Corporation will publish a
stock exchange release.
For further information, please contact
Tapio Arimo, CFO, tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi
Tokmanni Group in brief
Tokmanni Group Corporation is one of the leading variety discount retailers in
the Nordics. More than 6,000 employees in Finland, Sweden and Denmark make
customers' everyday life and special occasions easier by offering a versatile
and up-to-date assortment of nordic and international brand-name products and
other high-quality products at prices that are always affordable. With more than
380 Tokmanni, Dollarstore, Big Dollar, Click Shoes and Shoe House stores and
online stores, the Group is always close to its customers. In addition, the
Tokmanni Group has had exclusive rights to sell SPAR products and operate the
SPAR brand in Finland since 2025. In 2024, the Group's revenue was EUR 1,675
million and comparable EBIT amounted to EUR 100 million. The Tokmanni Group
Corporation's shares are listed on Nasdaq Helsinki.
Distribution
Nasdaq Helsinki
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