Lassila & Tikanoja repurchases 10,000 shares at €7.74 each
Lassila & Tikanoja Plc has bought back 10,000 of its own shares in a recent transaction. The repurchase took place on 16 March 2026, with the company paying an average price of €7.7447 per share. This move adds to the firm's existing treasury stock holdings.
The company executed the share buyback as part of its ongoing repurchase programme. Each share was acquired at an average cost of €7.7447, bringing the total expenditure to €77,447.00.
Following this transaction, Lassila & Tikanoja Plc now holds 95,712 shares in treasury. The repurchase aligns with earlier programmes announced by the company, including one from February 2026 that allowed for up to 150,000 shares to be bought back. A broader initiative, permitting the acquisition of up to 2,000,000 shares (10% of its share capital), had also been authorised previously.
The latest repurchase increases the firm's treasury shares to 95,712. The transaction cost €77,447.00, reflecting the average share price of €7.7447. No further details on previous treasury holdings were disclosed in the announcement.
