KONE Corporation's Annual General Meeting held on March 5, 2012 authorized the Board of Directors to repurchase the company's own shares. On the basis of this authorization, KONE Corporation's Board of Directors has decided to commence the possible repurchasing of shares at the earliest on March 13, 2012. The repurchasing of shares can continue until otherwise announced.
Altogether no more than 25,570,000 shares may be repurchased, of which no more than 3,810,000 are to be class A shares and 21,760,000 class B shares, taking into consideration the provisions of the Companies Act regarding the maximum amount of own shares that the Company is allowed to possess. KONE Corporation currently has 4,029,449 class B shares in its possession.
The minimum and maximum consideration for the shares to be purchased is determined for both class A and class B shares on the basis of the trading price for class B shares determined on the NASDAQ OMX Helsinki Oy on the time of purchase.
The table is updated weekly.
Shares owned by the corporation 2013
|
30.4.2013 |
-210,890 (2) |
67.13 |
4,029,449 |
|
30.1.2013 |
10,000 |
60.61 |
4,240,339 |
|
29.1.2013 |
30,000 |
59.85 |
4,230,339 |
|
28.1.2013 |
40,000 |
59.12 |
4,200,339 |
Shares owned by the corporation 2012
|
10.8.2012 |
8,950 (5) |
46.43 |
4,160,339 |
|
28.6.2012 |
8,950 (5) |
46.43 |
4,151,389 |
|
4.5.2012 |
- 802,414 (4) |
46.62 |
4,142,439 |
|
26.4.2012 |
-208,295 (2) |
46.43 |
4,944,853 |
|
25.4.2012 |
-643,202 (4) |
46.43 |
5,153,148 |
|
28.2.2012 |
130,000 |
44.6209 |
5,796,350 |
|
27.2.2012 |
60,000 |
44.9805 |
5,666,350 |
|
24.2.2012 |
10,683 |
45.3561 |
5,606,350 |
|
23.2.2012 |
150,000 |
45.1718 |
5,595,667 |
|
22.2.2012 |
75,000 |
44.8168 |
5,445,667 |
|
15.2.2012 |
53,491 |
44.3847 |
5,370,667 |
|
14.2.2012 |
115,000 |
43.7254 |
5,317,176 |
|
13.2.2012 |
75,000 |
43.6311 |
5,202,176 |
|
6.2.2012 |
95,000 |
42.8456 |
5,127,176 |
|
3.2.2012 |
70,000 |
42.5955 |
5,032,176 |
Shares owned by the corporation 2011
|
22.12.2011 |
3,000 (5) |
39.18 |
4,962,176 |
|
22.12.2011 |
-268,944 (4) |
39.18 |
4,959,176 |
|
21.10.2011 |
-300,000 (4) |
37.50 |
5,228,120 |
|
19.8.2011 |
147,870 |
36.4101 |
5,528,120 |
|
18.8.2011 |
61,000 |
36.9024 |
5,380,250 |
|
11.8.2011 |
63,700 |
36.4361 |
5,319,250 |
|
10.8.2011 |
160,000 |
36.3532 |
5,255,550 |
|
9.8.2011 |
186,680 |
35.5443 |
5,095,550 |
|
8.8.2011 |
180,000 |
35.6251 |
4,908,870 |
|
20.7.2011 |
-200,000 (4) |
41.22 |
4,728,870 |
|
28.4.2011 |
-219,000 (2) |
42.24 |
4,928,870 |
|
11.2.2011 |
7,113 |
39.9454 |
5,147,870 |
|
10.2.2011 |
27,618 |
39.9820 |
5,140,757 |
|
9.2.2011 |
8,104 |
39.9855 |
5,113,139 |
|
8.2.2011 |
30,000 |
39.9835 |
5,105,035 |
|
7.2.2011 |
21,000 |
39.8079 |
5,075,035 |
|
4.2.2011 |
105,000 |
39.7163 |
5,054,035 |
|
3.2.2011 |
100,000 |
39.2627 |
4,949,035 |
Shares owned by the corporation 2010
| 21.12.2010 |
-4,400 (4) |
42.46 |
4,849,035 |
| 26.10.2010 |
4,568 (3) |
39.24 |
4,853,435 |
| 28.5.2010 |
88,000 |
31.9583 |
4,848,867 |
| 27.5.2010 |
82,000 |
31.4236 |
4,760,867 |
| 26.5.2010 |
95,000 |
30.7581 |
4,678,867 |
| 25.5.2010 |
175,000 |
29.7557 |
4,583,867 |
| 24.5.2010 |
110,000 |
30.6319 |
4,408,867 |
| 29.4.2010 |
-311,375 (2) |
32.87 |
4,298,867 |
| 1.3.2010 |
-100,000 (1) |
31.15 |
4,610,242 |
(1) Decision taken by KONE Corporation’s Annual General Meeting to assign shares without compensation to the KONE Corporation Centennial Foundation. The assigned shares have been valued at the average market price of the assignment day.
(2) Shares assigned to the share-based incentive plan. The assigned shares have been valued at the average market price of the assignment day.
(3) Shares free of consideration by virtue of the terms of KONE Corporation´s share-based incentive program for the years 2008-2009. The returned shares have been valued at the average market price of the assignment day.
(4) Subscription of shares with 2007 option rights. The assigned shares have been valued at the average market price of the assignment day.
(5) Shares free of consideration by virtue of the terms of KONE Corporation´s share-based incentive program for the years 2010-2012. The returned shares have been valued at the average market price of the assignment day.
Shares owned by the corporation 2009
| 30.04.2009 |
-195,264 (1) |
20.79 |
4,710,242 |
(1) Shares assigned to the share-based incentive plan. The assigned shares have been valued at the average market price of the assignment day.
Previous buy-back
2008
2007
2006
2005