Ahlstrom completes repurchase program of its own shares
Ahlstrom Corporation STOCK EXCHANGE RELEASE 14.12.2010 at 14.00
Ahlstrom Corporation, a global leader in nonwovens and specialty papers, announces that it has completed the repurchase program of its own shares announced on October 26, 2010.
The company has acquired a total of 75,000 shares at an average price of EUR 14.62 through public trading on the NASDAQ OMX Helsinki exchange.
The shares were acquired under the authorization granted by the Annual General Meeting 2010 for the implementation of the Company's share-based incentive plan.
Ahlstrom's Board of Directors has an authorization to acquire 4,500,000 of the company's own shares, which is valid until the end of the 2011 Annual General Meeting. Ahlstrom currently holds 150,000 own shares.
For further information, please contact:
+358 10 888 4768
NASDAQ OMX Helsinki
Ahlstrom in brief
Ahlstrom is a global leader in the development, manufacture and marketing of high performance nonwovens and specialty papers. Ahlstrom´s products are used in a large variety of everyday applications, such as filters, wipes, flooring, labels, and tapes. Based upon its unique fiber expertise and innovative approach, the company has a strong market position in several business areas in which it operates. Ahlstrom's 5,800 employees serve customers via sales offices and production facilities in more than 20 countries on six continents. In 2009, Ahlstrom's net sales amounted to EUR 1.6 billion. Ahlstrom's share is quoted on the NASDAQ OMX Helsinki. The company website is at www.ahlstrom.com.