The Board of Directors of HKFoods Plc has resolved to commence a share buy-back program for the company’s own Series A shares, based on the authorisation received from the Annual General Meeting held on 23 April 2025. The repurchased shares will be used to fulfill obligations related to the company’s share-based incentive schemes, based on which the company has a weighty financial reason for repurchasing shares otherwise than in proportion to the shares owned by shareholders.

 

The total number of shares to be repurchased is maximum 90,000 Series A shares, which corresponds to approximately 0.1 per cent of all HKFoods shares in the company. A maximum amount of EUR 400,000 can be used for the buy-back program. Acquisition of Series A shares will commence no earlier than 13 February 2026 and will end no later than 30 April 2026. The company does not currently hold own shares.

 

The shares will be acquired at market price in public trading on Nasdaq Helsinki Ltd using the company’s nonrestricted equity and in compliance with the price and volume limits applicable under the safe harbor rules.

 

The acquisition of shares will be conducted in accordance with the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) 2016/1052, specifically the so-called safe harbor rules.

 

The company has appointed an independent broker to carry out the buyback program. The broker will decide independently on the repurchase of shares in compliance with applicable price and volume limits as well as other terms of the program.

 

 

HKFoods Plc

 

For further information

  • Markku Suvanto, EVP Administration and Legal, tel. +358 10 570 6914 or by email markku.suvanto@hkfoods.com
  • HKFoods Media Service Desk tel. +358 10 570 5700 or email communications@hkfoods.com
     

 

With 110 years of experience, we at HKFoods make life tastier – today and tomorrow. With nearly 3,000 professionals, we make responsible and locally produced food for consumers’ various food moments. Our well-known brands in Finland are HK®, Kariniemen® and Via®. HKFoods is a publicly listed company, and in 2025, our net sales totalled EUR 1 billion. www.hkfoods.com

 

DISTRIBUTION:

 

Nasdaq Helsinki

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