ASPO TO PURCHASE ITS OWN SHARES
2007-06-26T12:00:02 CETASPO Plc STOCK EXCHANGE BULLETIN June 26, 2007 at 1:00 p.m.
ASPO TO PURCHASE ITS OWN SHARES
The Board of Directors of Aspo Plc has decided to acquire a maximum of 400,000 of the Company's own shares through public trading on the Helsinki Stock Exchange at the current market price at the point of acquisition within the terms stated in the regulations of the Helsinki Stock Exchange. The repurchases will commence on July 3, 2007, at the earliest.
The shares will be acquired in accordance with the authorization given to the Board at the Annual Shareholders' Meeting on March 29, 2007. The shares will be acquired for the financing or execution of corporate acquisitions or other transactions, for the balancing of the financial risk in the company's share-based incentive scheme or for other purposes to be decided by the Board. The authorization will be effective until the Annual Shareholders' Meeting of 2008 but not more than 18 months from the approval at the Shareholders' Meeting.
ASPO Plc
Gustav Nyberg
CEO
For more information contact
Gustav Nyberg, +358 9 7595 256, +358 40 503 6420
gustav.nyberg@aspo.fi
Aspo Group focuses on logistical services for industry. Aspo serves businesses in the energy and industrial process sectors requiring strong specialist and logistical know-how. Aspo's net sales in 2006 totaled EUR 225.9 million. About 39% of this came from Aspo Chemicals, 37% from Aspo Shipping and 24% from Aspo Systems.
Distribution:
Helsinki Stock Exchange
Main media
www.aspo.fi