Metso splits in to two business units

The EGM authorized Valmet’s Board of Directors to decide the purchase of Valmet shares. The authorization granted to Valmet’s Board covers a maximum of 10,000,000 Valmet shares, which must be purchased using the company’s unrestricted equity at a price formed in public trading on the date of the purchase. Shares can be purchased otherwise than in proportion to shareholders’ holdings.

The authorization will remain in force until June 30, 2014.

Valmet’s Board of Directors authorized to issue shares and given other authorities

The EGM also authorized Valmet’s Board of Directors to make a share issue. The Board will be authorized to issue a maximum of 15,000,000 new shares and convey a maximum of 10,000,000 Valmet shares already held by the company.

The authorization will remain in force until June 30, 2014.

Metso is a global supplier of technology and services to customers in the process industries, including mining, construction, pulp and paper, power, and oil and gas. Our 30,000 professionals based in over 50 countries contribute to sustainability and deliver profitability to customers worldwide.

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