Siili Solutions Completes Share Repurchase Program
Siili Solutions Plc has recently finalized its share repurchase program, further strengthening its commitment to its shareholders and enhancing corporate governance. This proactive measure illustrates Siili's strategic focus on rewarding its investors while ensuring the company remains robust and competitive in the market.
Overview of the Share Repurchase Initiative
On May 26, 2025, the Siili Solutions Board of Directors announced the launch of a share repurchase program, primarily intended to cover obligations stemming from long-term share-based incentive schemes. Such initiatives are crucial as they align with shareholder interests and promote long-term value creation. The repurchase program was officially put into action on June 2, 2025.
Details of the Repurchase Activity
As of today, Siili Solutions has completed the share repurchase initiative, concluding a significant chapter in its journey towards enhancing shareholder value. Throughout the repurchase period, the company successfully acquired a total of 31,000 shares, which constitutes approximately 0.38 percent of the total shares in circulation. The average price for each share during this time was EUR 6.38, summing to a total purchase price of about EUR 197,809.
Impact on Shareholder Equity
Following the conclusion of the share repurchase program, Siili now holds a total of 31,698 of its own shares, which represents around 0.39 percent of the company’s overall share count. This strategic buyback not only stabilizes the company’s equity but also demonstrates Siili’s confidence in its operational performance and market outlook.
Siili Solutions: A Leader in Digital Transformation
Siili Solutions Plc stands at the forefront of AI-driven digital development. Being recognized as a leader in the sector, Siili partners with clients to fuel growth, drive efficiency, and secure a competitive edge through digital transformation initiatives. The company operates across multiple key markets, including Finland, the Netherlands, the United Kingdom, and Germany. Siili’s shares are traded on the Nasdaq Helsinki Stock Exchange, signifying its publicly listed status since its establishment in 2005.
Siili’s journey has been characterized by consistent profitability, scalability, and innovation, making it a favored choice for businesses looking to advance their digital capabilities.
Further Information
For additional inquiries or more detailed insights into Siili Solutions’ initiatives and corporate strategies, please reach out to:
Aleksi Kankainen, CFO
Email: aleksi.kankainen@siili.com
Phone: +358 40 534 2709
Frequently Asked Questions
What is the purpose of the share repurchase program?
The share repurchase program is aimed at acquiring the company’s shares to fulfill obligations from long-term incentive schemes.
How many shares did Siili acquire during the program?
Siili Solutions acquired a total of 31,000 shares, accounting for approximately 0.38% of the total shares.
What was the average price per share during the repurchase?
The average price paid per share during the repurchase program was EUR 6.38.
What percentage of total shares does Siili hold after the repurchase?
Post-repurchase, Siili holds about 0.39% of its total shares.
In which markets does Siili Solutions operate?
Siili Solutions is active in Finland, the Netherlands, the United Kingdom, and Germany, focusing on AI-powered digital transformation.
