Harvia completed repurchase of own shares

Stock Exchange Release | 9 December 2021

Harvia Plc, Stock Exchange Release, December 9th, 2021 at 6:30 pm

Harvia has completed the repurchase of own shares, which started on 3 December 2021 and ended on 8 December 2021. During that time, Harvia acquired a total of 44,000 own shares for an average price of EUR 57,23 per share. The repurchased shares were acquired based on the authorization given by the Annual General Meeting on 8 April 2021 and shall be used as a part of the Company’s incentive program.

Following the repurchase, Harvia Plc holds a total of 51,057 own shares, corresponding to 0.27% of the total number of shares.

Additional information:

Ari Vesterinen, CFO
tel. +358 40 5050 440

Harvia is one of the leading companies operating in the sauna and spa market globally, as measured by revenue. Harvia’s brands and product portfolio are well known in the market, and the company’s comprehensive product portfolio strives to meet the needs of the international sauna and spa market of both private and professional customers.

Harvia’s revenue totaled EUR 109.1 million in 2020. Harvia Group employs more than 800 professionals in Finland, China and Hong Kong, Romania, Austria, United States, Germany, Estonia and Russia. The company is headquartered in Muurame, Finland, adjacent to its largest sauna and sauna component manufacturing facility.

Read more: https://harviagroup.com