Orion Corporation: Transfer of 150,118 own B shares on 1 March 2024
01 Mars 2024 - 5:50PM
Orion Corporation: Transfer of 150,118 own B shares on 1 March 2024
ORION CORPORATION STOCK EXCHANGE RELEASE – CHANGES IN COMPANY’S
OWN SHARES1 MARCH 2024 at 18.50 EET
Orion
Corporation: Transfer of 150,118 own B shares on 1 March
2024
In accordance with a decision by the Board of Directors, Orion
Corporation has on 1 March 2024 transferred altogether 150,118
Orion Corporation B shares held by the company as a share reward
for earning period 2021–2023 to the persons belonging to the
Share-based Incentive Plan of the Orion Group. The transfer is
based on the authorisation by the Annual General Meeting of 23
March 2022.
The price per share of the transferred shares is EUR 36.4279,
which is the volume weighted average quotation of the Orion
Corporation B share on 1 March 2024. Accordingly, the total
transaction price of the transferred shares is EUR
5,468,483.49.
After the share transfer, the total number of own B shares held
by Orion Corporation is 632,855.
Orion Corporation has informed about the Share-based Incentive
Plan in stock exchange release on 6 February 2019.
Orion Corporation
Liisa
HurmePresident and CEO |
|
Olli HuotariSVP,
Corporate Functions |
|
Contact
person:Olli Huotari, SVP, Corporate Functions tel. +358 10
426 3054
Publisher:Orion
CorporationCommunicationsOrionintie 1A, FI-02200 Espoo,
Finlandhttp://www.orion.fi/en
http://www.twitter.com/OrionCorpIR
Orion is a globally operating Finnish pharmaceutical company – a
builder of well-being. We develop, manufacture and market human and
veterinary pharmaceuticals and active pharmaceutical ingredients.
Orion has an extensive portfolio of proprietary and generic
medicines and consumer health products. The core therapy areas of
our pharmaceutical R&D are oncology and pain. Proprietary
products developed by Orion are used to treat cancer, neurological
diseases and respiratory diseases, among others. Orion's net sales
in 2023 amounted to EUR 1,190 million and the company had about
3,600 employees at the end of the year. Orion's A and B shares are
listed on Nasdaq Helsinki.
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