United Bankers Oyj commences an Equity Buyback Plan for 100,000 shares, representing 0.96% of its issued share capital, under the authorization approved on March 19, 2021.
March 21, 2021
Share
United Bankers Oyj (HLSE:UNIAV) commences share repurchases on March 22, 2021, under the program mandated by the shareholders in the Annual General Meeting held on March 19, 2021. As per the mandate, the company is authorized to repurchase up to 100,000 shares, representing 0.96% of its issued share capital. The purpose of the program is to develop the company’s capital structure, possible acquisitions, to finance investments or other business arrangements or to implement or use in the company’s incentive or reward schemes or otherwise for further assignment or cancellation. The authorization is valid until the end of the next Annual General Meeting, however, not later than June 30, 2022.
United Bankers Oyj (UNIAV) is a Finland-based company providing investment products and services. It offers a range of financial solutions, fund management, investment banking, securities brokerage, business and structured investment loans, advisory, as well as real estate investment. The United Bankers Oyj operates a parent of the United Bankers group, which consists of six companies: UB Omaisuudenhoito Oy, providing asset management products and services; UB Rahastoyhtio Oy, engaged in fund management; UB Securities Oy, providing brokerage; UB Capital Oy, engaged in investment banking; UB Nordic Forest Management Oy, investing in forest property; and UB Real Asset Management Oy, specialized in real estate investments.
United Bankers Oyj commences an Equity Buyback Plan for 100,000 shares, representing 0.96% of its issued share capital, under the authorization approved on March 19, 2021.
UNITED BANKERS OYJ 
