Buy-back / Treasury shares 

KONE Corporation's Annual General Meeting held on February 28, 2011 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 8, 2011. 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 5,127,176 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. Real-time information about the purchases can be found on the homepage of the NASDAQ OMX Helsinki Ltd.

Date Purchased amount of shares Average price
/share, EUR
Total amount of own shares
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

Date

Purchased amount of shares

Average price
/share, EUR

Total amount of own shares

22.12.2011

3,000*****

39.18

4,962,176

22.12.2011

-268,944****

39.18

4,959,176

21.10.2011

-300,000****

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****

41.22

4,728,870

28.4.2011

-219,000**

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

Date Purchased amount of shares Average price
/share, EUR
Total amount of own shares
21.12.2010

-4,400****

42.46

4,849,035

26.10.2010

4,568***

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**

32.87

4,298,867

1.3.2010

-100,000*

31.15

4,610,242


*) 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.

**) Shares assigned to the share-based incentive plan. The assigned shares have been valued at the average market price of the assignment day.

***) 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.

****) Subscription of shares with 2007 option rights. The assigned shares have been valued at the average market price of the assignment day.

*****) 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

Date Purchased amount of shares Average price
/share, EUR
Total amount of own shares
30.04.2009

-195,264*

20.79

4,710,242


*) Shares assigned to the share-based incentive plan. The assigned shares have been valued at the average market price of the assignment day.

Shares owned by the corporation 2008

Date Purchased amount of shares Average price
/share, EUR
Total amount of own shares
29.04.2008

-326,000*

25.14

4,905,506

28.02.2008

Share issue without payment (1:1)

5,231,506

*) Shares assigned to the share-based incentive plan. The assigned shares have been valued at the average market price of the assignment day.

Shares owned by the corporation 2007

Date Purchased amount of shares Average price
/share, EUR
Total amount of own shares

25.04.2007

-129,000*

45.22

2,615,753

07.02.2007

6,000

47.06

2,744,753

*) 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 2006 I 2005

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