Suominen – transfer of the company’s own shares
Suominen Corporation's stock exchange release on May 31, 2021 at 1:30 p.m. EEST
Following the decision taken at Suominen’s Annual General Meeting on March 25, 2021, Suominen has transferred on May 31, 2021 16,042 shares to the members of the Board of Directors as part of the remuneration of the Board. According to the decision taken at the Annual General Meeting, 40% of the annual remuneration is paid in the company’s shares.
After the transfer, the company holds a total of 644,013 treasury shares.
The resolutions of the Annual General Meeting were communicated in a stock exchange release on March 25, 2021.
Klaus Korhonen, SVP, HR & Legal tel. +358 10 214 30 70
Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2020 were EUR 458.9million and we have nearly 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi.