Metso to buy back 300,000 shares
The board of directors of Metso Corporation
has decided, in accordance with the authorization granted by
the annual general meeting held in March 2009, to repurchase
a maximum number of 300,000 of the Company’s own shares, which
corresponds to about 0.2 percent of all the outstanding shares
of Metso. The shares shall be repurchased as part of the Company’s
incentive program, i.e., Metso Share Ownership Plans, to be used
as potential reward payments in accordance with the plan criteria.
The shares will be purchased with the Company’s
distributable funds and thus the repurchases will reduce the
Company’s distributable non-restricted equity. Shares will be
purchased at market price in public trading on the NASDAQ OMX
in Helsinki Exchange.