Marimekko has completed the acquisition of the company's own shares
Globenewswire·2026-03-04 17:45

Acquisition Details - Marimekko has completed the acquisition of 90,000 own shares at an average price of EUR 11.2536, totaling EUR 1,012,821.12 [1] - The acquisition period was from 17 February 2026 to 4 March 2026, and the announcement was made on 12 February 2026 [1] Shareholding Information - After the acquisitions, Marimekko holds 167,790 of its own shares, which is approximately 0.41 percent of the total shares [2] - Shares held by the company do not carry voting rights or entitlement to dividends [2] Authorization and Purpose - The acquisition was based on the authorization from the Annual General Meeting held on 15 April 2025 [3] - The shares were acquired using funds from the company's non-restricted equity and may be used for incentive compensation, transferred for other purposes, or cancelled [3] Company Overview - Marimekko is a Finnish lifestyle design company known for its original prints and colors, with a product portfolio that includes clothing, bags, accessories, and home décor [3] - In 2025, the company's net sales were EUR 190 million, with a comparable operating profit margin of 17.1 percent [3] - The company operates over 170 stores globally and serves customers in 39 countries through its online store, with key markets in Northern Europe, the Asia-Pacific region, and North America [3]

Marimekko has completed the acquisition of the company's own shares - Reportify