Share capital EUR 889,572,283.00
Shares in issue (latest change 13.11.2014) 533,735,699
Fully diluted number of shares 558,735,699
(Maximum number of shares
including the authorisations)
Authorisations
The following authorisation granted by the Annual General Meeting to the Board of Directors on 4 April 2024 is in force:
Share buy-backs:
UPM's Annual General Meeting authorised the Board of Directors to decide on the acquisition of the company's own shares on 4 April 2024. The maximum number of shares that can be repurchased based on this authorisation amounts to 50,000,000 shares. The share buy-back authorisation will remain valid for 18 months from the date of the AGM decision.
Total authorisation 50,000,000
Shares bought back 0
Average net price EUR 0
Purchase price total 0
Updated Daily
The following authorisation granted by the Annual General Meeting to the Board of Directors on 4 April 2024 is in force:
Issue of shares and special rights entitling to shares:
The aggregate maximum number of new shares that may be issued and treasury shares that may be transferred is 25,000,000 including also the number of shares that can be received on the basis of the special rights. The authorisation will be valid for 18 months from the date of the AGM resolution, i.e. until 4 October 2025.
Shareholder's obligation to make a public bid
In accordance with the Finnish Securities Markets Act, a shareholder has an obligation to make a public bid if the shareholder’s voting rights in the company exceed 30 or 50 per cent of the company's total voting rights. The company's Articles of Association does not contain provisions regarding obligation to make a mandatory bid.
Shareholder agreements
UPM is not aware of any shareholder agreements concerning either the ownership of the company's shares or the exercise of the associated voting rights.
