Cargotec to repurchase the company’s own shares
Cargotec Corporation’s Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 23 March 2021 to repurchase the company’s own shares.
Cargotec will repurchase 28,903 class B shares to be used as reward payments for Cargotec’s share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases will start on 4 February 2022 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum amount of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares.
