Insights into Tommi Björnman's Share Transaction at Suominen
Overview of Tommi Björnman's Transaction
Recent disclosures reveal important information regarding Tommi Björnman's transaction involving Suominen Corporation. This transaction was made as part of the regular reporting obligations placed on executives in publicly traded companies.
Who is Tommi Björnman?
Tommi Björnman serves as the Chief Executive Officer of Suominen Corporation, a prominent player in the nonwovens industry. His leadership is critical in steering the company towards its vision of innovation and sustainability.
Transaction Details
On June 11, 2025, Tommi Björnman received a total of 9,359 shares as part of a share-based incentive program. Although the transaction did not involve a sale in the traditional sense, it highlights the importance of incentive structures within executive compensation.
Understanding the Nature of the Transaction
This specific transaction falls under the category of "RECEIPT OF A SHARE-BASED INCENTIVE," which is an essential way for executives to align their interests with those of shareholders. The shares were awarded without a monetary transaction, signifying a long-term incentive strategy.
About Suominen Corporation
Suominen Corporation specializes in producing nonwovens that serve various applications, including wipes among other products. The company's mission revolves around being a leader in both innovation and sustainability in the nonwovens sector. By emphasizing sustainability, Suominen aims to create products that positively impact daily life across the globe.
Financial Performance
In the year 2024, Suominen reported net sales totaling EUR 462.3 million, showcasing the company's robust market position. With over 700 employees operating in both Europe and the Americas, Suominen exemplifies substantial growth and a commitment to quality.
Company Vision and Goals
Suominen's strategic vision is not only to lead in market share but also in sustainability practices. The firm strives to innovate continually, ensuring that its products meet the evolving needs of consumers while also considering environmental impacts.
Shareholder Relations
As a listed entity on Nasdaq Helsinki, Suominen Corporation remains committed to fostering transparent communications with its shareholders and stakeholders. This commitment encompasses comprehensive disclosures regarding management transactions, such as those of Tommi Björnman.
Frequently Asked Questions
What was the date of Tommi Björnman’s transaction?
The transaction took place on June 11, 2025.
How many shares did Tommi Björnman receive?
Tommi Björnman received a total of 9,359 shares as a share-based incentive.
What position does Tommi Björnman hold at Suominen Corporation?
He is the Chief Executive Officer of Suominen Corporation.
What is the primary business of Suominen Corporation?
Suominen Corporation manufactures nonwovens for various applications, including wipes.
What were Suominen's net sales in 2024?
Suominen reported net sales of EUR 462.3 million in 2024.
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