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Lemonsoft Oyj starts share buyback programme

Lemonsoft Oyj | Company Release | October 04, 2024 at 16:00:00 EEST

Based on the authorisation given by the Annual General Meeting on 9 April 2024, the Board of Directors of Lemonsoft Oyj has decided to start a share buyback programme. The maximum number of shares to be repurchased is 300,000, which corresponds to approximately 1.6% of the company’s shares. However, the amount used for repurchasing shares will be at most EUR 2,000,000.

The shares will be acquired otherwise than in proportion to the shareholdings of the shareholders, by public trading at the market price at the time of acquisition on Nasdaq First North Growth Market Finland maintained by Nasdaq Helsinki Ltd. The share buyback programme will commence on 7 October 2024 at the earliest and end on the date of 2025 annual general meeting at the latest. The repurchase of the company’s shares will be paid for with the company’s distributable unrestricted equity.

The purpose of the company's share buyback is to develop the company’s capital structure and use the shares as part of the company’s share-based incentive schemes, acquisitions, or for other purposes determined by the board.

Lemonsoft Oyj has a total of 18,671,632 shares and votes. Currently, Lemonsoft Oyj doesn’t hold its own shares.

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