YIT Corporation’s Board of Directors decided the composition of its committees
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- Stock Exchange Release
- 28.04.2025 16:00 CET
Conveyance of YIT Corporation’s own shares under YIT’s share-based incentive program
YIT Corporation Stock Exchange Release April 28, 2025, at 5:00 p.m.
Conveyance of YIT Corporation’s own shares under YIT’s share-based incentive program
The Board of Directors of YIT Corporation has on 28 April 2025 decided on a directed share issue for the reward payment from the 2022-2024 earning period under YIT Group’s Incentive Program.
In the share issue, a maximum of 71,957 YIT Corporation shares will be issued and conveyed without consideration to the key persons participating in the incentive program according to the terms and conditions of the YIT Incentive Program. As the company will use its treasury shares for the reward payments, the total number of shares of the company will not change.
The share-based incentive program and its terms decided by YIT’s Board of Directors were disclosed in more detail in a Stock Exchange Release published on 17 March 2020. The purpose of the program is to support the company's strategy and to increase the company’s value supplement to existing incentive programs. Rewards will be paid to maximum 99 people belonging to the company's management and personnel for the 2022-2024 earning period.
The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 3 April 2025. The shares will be delivered to the incentive program participants on 6 May 2025. After the conveyance of own shares, the company holds 1,413,792 own shares.
For further information, please contact:
Jennie Haasmaa, EVP, People & Culture, YIT Group, puh. 050 369 1178, jennie.haasmaa@yit.fi
Distribution: Nasdaq Helsinki, major media, www.yitgroup.com
We build and develop sustainable living environments: functional and attractive homes, future-proof public and commercial buildings, infrastructure to support the green transition as well as industrial, production, and energy facilities to support our customers' processes. YIT's vision is to be the expert partner in developing sustainable homes, spaces, and cities - for a good life. There are approximately 4,100 professionals in our team and our revenue in 2024 was EUR 1.8 billion. YIT Corporation's shares are listed on Nasdaq Helsinki.
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