Lassila & Tikanoja Oyj
Lassila & Tikanoja plc to start repurchase of own shares

Lassila & Tikanoja Oyj 

27.10.2014 09:00

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Helsinki, Finland, 2014-10-27 09:00 CET (GLOBE NEWSWIRE) -- 
Lassila & Tikanoja plc                Stock exchange release          27
October 2014 10.00 am 



Lassila & Tikanoja plc to start repurchase of own shares

The Board of Directors of Lassila & Tikanoja plc has resolved to exercise the
authorisation by the Annual General Meeting on 19 March 2014 to repurchase a
maximum of 150,000 of the company's own shares, which corresponds to 0.4% of
the total number of issued shares. The repurchase of own shares will start on 1
November 2014 at the earliest. 

The repurchased shares will be used for the company's near-term incentive
programs. 

Shares will be repurchased otherwise than in proportion to the existing
shareholdings of the company's shareholders using the company's unrestricted
equity in public trading on Nasdaq Helsinki at the market price quoted at the
time of the repurchase. 

The current total number of own shares held by Lassila & Tikanoja plc is 51,409.



LASSILA & TIKANOJA PLC

Pekka Ojanpää
President and CEO



For additional information, please contact
Timo Leinonen, CFO, tel. +358 400 793 073.

Lassila & Tikanoja is a service company that is transforming the consumer
society into an efficient recycling society. In co-operation with our customers
we are reducing waste volumes, extending the useful lives of properties,
recovering materials and decreasing the use of raw materials and energy. We
help our customers to focus on their core business and to save the environment.
Together, we create well-being and jobs. With operations in Finland, Sweden and
Russia, L&T employs 8,000 persons. Net sales in 2013 amounted to EUR 668.2
million. L&T is listed on Nasdaq Helsinki. 

Distribution:
Nasdaq Helsinki
Major media
www.lassila-tikanoja.com
News Source: NASDAQ OMX



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Language:     English
Company:      Lassila & Tikanoja Oyj
              
               
              Finland
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         FI0009010854
WKN:          
 
End of Announcement                             DGAP News-Service
 
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