YIT announces new strategy and financial targets for 2025-2029, introduces a new segment structure
STOCK EXCHANGE RELEASE SEPT. 5, 2003 18:15 1 (1)
YIT SELLS THE YIT SHARES IN ITS POSSESSION
On this day, YIT Corporation has sold, on the basis of the authorization granted by the Annual General Meeting held in spring 2003, all of the 567,500 YIT shares it had in its possession. The shares were sold through Helsinki Exchanges at a per-share price of EUR 22.00. The total sales price was EUR 12,485,000.
The sold share lot represented 1.88 per cent of the companys shares outstanding. The shares had been acquired on Helsinki Exchanges on the basis of decisions taken by general meetings of shareholders in previous years at an average per-share price of EUR 12.64.
The deal increases the amount of YIT shares in public trading and enables growth in share turnover. In addition, the deal enlarges the proportion of foreign YIT shareholders.
YIT CORPORATION
Veikko Myllyperkiö Vice President, Corporate Communications
For additional information, contact: Reino Hanhinen, Group CEO, tel. +358 20 433 2454, reino.hanhinen@yit.fi Jaakko Mäkynen, Vice President, Finance, tel. +358 20 433 2307, jaakko.makynen@yit.fi Petra Thorén, Manager, Investor Relations, tel. +358 20 433 2635, petra.thoren@yit.fi
DISTRIBUTION: Helsinki Exchanges, principal media, www.yit.fi