Talenom has completed the repurchase of its own shares

Talenom Plc, Stock exchange release, 20 September 2019 at 18:30

Talenom has completed the repurchase of its own shares

Talenom has completed the repurchase of its own shares, which began on 22 August 2019 and ended today on 20 September 2019. During this period, Talenom acquired 20,000 of its own shares with an average price of EUR 33,7208 per share. The shares were acquired at the market price quoted at the time of the repurchase in public trading on Nasdaq Helsinki Ltd.

The share repurchase was based on an authorisation granted by the Annual General Meeting of 2019 that authorised the Board of Directors to decide on a repurchase of a maximum of 50 000 own shares and on the decision of the Board of Directors on 22 August 2019 regarding a repurchase programme of 20,000 shares.

After the repurchase, Talenom Plc holds a total of 25,100 treasury shares, which is equivalent to approximately 0.36 per cent of all shares of the Company.

TALENOM PLC

BOARD OF DIRECTORS

Further information:

Otto-Pekka Huhtala

CEO, Talenom Plc

tel. 4

Talenom Plc is an accounting firm established in 1972. Talenom offers a wide range of accounting services as well as other expert and advisory services to support its clients’ business. The company has its own software development and it provides its clients with electronic financing tools.

In 2018, Talenom Group reported net sales of 48.9 million euros, representing an increase of 18.0 % compared to 2017. Talenom possesses a strong history of growth – Talenom reached an average annual net sales growth of 15.5% in the fiscal years 2005 - 2018.

DISTRIBUTION:

Nasdaq Helsinki

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