Business News

Metso has completed the buyback of 300,000 shares for its Share Ownership Plans

Tuesday 16. March 2010 - Metso’s decision announced on February 8, 2010 to repurchase a maximum number of 300,000 Company's own shares has been fully executed. The share repurchases relate to the Company’s incentive programs announced earlier (Metso Share Ownership Plans 2009-12) to be used as potential reward payments in accordance with the Plan criteria.

Own shares were purchased with the Company’s distributable funds thus reducing the Company’s distributable non-restricted equity. Shares were purchased at market price in public trading on the NASDAQ OMX in Helsinki Exchange. The average purchase price per share was 23.47 euro and the total amount 7,040,303.60 euro. At the moment, Metso Parent Company holds 709,617 its own shares.