Verkkokauppa.com Oyj completes its share buyback program
Globenewswire·2025-11-20 06:00

Core Viewpoint - Verkkokauppa.com Oyj has successfully completed its share buyback program, repurchasing a total of 250,000 shares at an average price of EUR 3.94 per share, which reflects the company's commitment to enhancing shareholder value [1][2]. Group 1: Share Buyback Program - The share buyback program was announced on 23 October 2025, allowing for the repurchase of up to 250,000 shares based on authorization from the Annual General Meeting held on 8 April 2025 [2]. - The shares were repurchased from the Nasdaq Helsinki public trading marketplace, and the company now holds a total of 299,336 treasury shares, which is approximately 0.66 percent of the total shares outstanding [3]. Group 2: Company Overview - Verkkokauppa.com was founded in 1992 and has been operating online since its inception, with a revenue of EUR 468 million in 2024 and employing around 600 people [5]. - The company is recognized as an e-commerce pioneer in Finland, focusing on customer satisfaction through fast deliveries and competitive pricing, serving over 1.7 million customers [4].