Orion Corporation Highlights Recent Shares Transactions by Management
Overview of Orion Corporation's Recent Managerial Transactions
Orion Corporation has recently made headlines with significant managerial transactions reported by Henrik Stenqvist, a member of the Board. This notification highlights the company's commitment to transparency under the Market Abuse Regulation.
Details of the Transaction
Under the Market Abuse Regulation (EU) No 596/2014, Orion Corporation disclosed that Henrik Stenqvist executed a series of share transactions on October 31. This marks a crucial moment and showcases the company's leaders actively participating in their own organization.
Transaction Summary
The transactions were executed on the NASDAQ HELSINKI LTD (XHEL) exchange and involve common shares of the company. The total transactions comprised three notable trades:
- 1st Transaction: Volume of 1800 shares at a unit price of 44.65 EUR.
- 2nd Transaction: Volume of 100 shares at a unit price of 44.65 EUR.
- 3rd Transaction: Volume of 100 shares at a unit price of 44.65 EUR.
The aggregate of these transactions amounts to 2000 shares with a weighted average price of 44.65 EUR per share. This involvement reflects confidence in the company's future and market positioning.
Company Leadership
Orion Corporation boasts a dedicated leadership team committed to moving the company forward. Among its leaders, Liisa Hurme serves as the President and CEO, and Olli Huotari oversees corporate functions as the Senior Vice President. Their combined expertise guides Orion in its pharmaceutical endeavors.
Background on Orion Corporation
Founded over a century ago, Orion Corporation is a Finnish pharmaceutical giant that focuses on enhancing well-being through innovative solutions. The company develops, manufactures, and markets both human and veterinary medicines as well as active pharmaceutical ingredients. Orion has cultivated a vast portfolio, with strong specialties in oncology, pain management, and other critical therapy areas.
In recent times, Orion has made impressive strides in its financial performance, with net sales reported at EUR 1,190 million in 2023. This growth demonstrates the company’s resilience and commitment to developing and promoting its proprietary and generic medicines. With around 3,600 employees, Orion is not only a leader in pharmaceuticals but also a substantial employer in the region. Its A and B shares are publicly traded on the Nasdaq Helsinki, reinforcing its position in the global market.
Contact Information
The communications team at Orion Corporation can be reached at the following address:
Orion Corporation
Communications
Orionintie 1A, FI-02200 Espoo, Finland
Frequently Asked Questions
What is the significance of the managerial transactions disclosed?
The managerial transactions indicate that leaders within Orion Corporation are investing in their own company, suggesting confidence in future growth.
Who is Henrik Stenqvist?
Henrik Stenqvist is a member of the Board at Orion Corporation, involved in key decision-making processes.
What is Orion Corporation known for?
Orion Corporation is recognized for its development and marketing of pharmaceuticals and active ingredients, focusing on oncology, pain management, and veterinary health.
How has Orion performed financially in recent years?
Orion Corporation reported impressive net sales of EUR 1,190 million in 2023, further solidifying its position in the pharmaceutical industry.
Where can I find more information about Orion Corporation?
Further information can be obtained by visiting Orion Corporation's official website and their communication channels.
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