Change in the holding of Kesko Corporation's treasury shares
Kesko Corporation has today transferred a total of 4,918 of its own B shares (KESKOB) held by the company as treasury shares to the members of Kesko’s Board of Directors as part of their annual fees.
The transfer of shares to the members of the Board of Directors is based on the resolution made by Kesko’s Annual General Meeting on 7 April 2022 to pay a portion of the Board members’ annual fees in Kesko B shares. A Board member cannot transfer shares obtained in this manner until either three years have passed from the day the member has received the shares or their membership on the Board has ended, whichever comes first. The General Meeting resolution was communicated in a stock exchange release on 7 April 2022, and the Board decision to transfer treasury shares in a stock exchange release on 29 April 2022.
After the transfer of shares, Kesko Corporation holds 2,624,681 of its own B shares as treasury shares.
Further information is available from Lasse Luukkainen, Group General Counsel, tel. +358 105 322 818.
Kesko Corporation
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