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Aspo has completed repurchasing its own shares
Globenewswire· 2026-01-29 10:30
Core Viewpoint - Aspo Plc has successfully completed the repurchase of its own shares, which will be utilized for share-based incentive plans, impacting the company's equity and shareholding structure [1][2]. Group 1: Share Repurchase Details - Aspo repurchased a total of 130,000 shares, representing approximately 0.41% of its total shares, at an average price of EUR 6.78 [1]. - The repurchase reduced Aspo's equity by approximately EUR 881,000, and the company now holds a total of 127,162 own shares [2]. - The shares were repurchased at the market price on Nasdaq Helsinki, using the company's unrestricted equity, and not in proportion to existing shareholders' holdings [2]. Group 2: Company Overview - Aspo Plc is focused on sustainable value creation through its business operations, which include ESL Shipping, Telko, and Leipurin, serving various industries [3][5]. - Established in 1929, Aspo operates with around 800 experts and serves customers in 19 countries across Europe and parts of Asia, with the Nordic region as its core market [3]. - The company is listed on Nasdaq Helsinki and is headquartered in Finland [4].