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Repurchase of Outokumpu’s own shares

On December 5, 2023Outokumpu has completed repurchases its own shares as follows (ISIN FI0009002422):

Trading venue Number of shares Weighted average price / share, EUR* Total cost, EUR*
CEUX 68,505 4.2231 289,300.23
XHEL 102,181 4.2185 431,050.63
AQEU 1,282 4.207 5,393.38
TQEX 382 4.274 1,632.67
Total: 172,350 4.22 727,376.91

* Rounded to two decimals

Outokumpu announced a share buyback program of a maximum of 11 million shares on November 29, 2023. The Board of Directors approved a share buyback program of up to EUR 50 million under the authorization of the Annual General Meeting. The program will end no later than on March 21, 2024.

After the disclosed transactions, Outokumpu holds 23,500,478 treasury shares.

Details of transactions are included as an appendix to this announcement.