Skip Ribbon Commands
Skip to main content
  • WordMapIcon
  • Cargotec Global
  • Separator
  • Local sites
  • Separator
  • Contacts

Shares

Authorisations

Cargotec's Board of Directors has been authorised by the Annual General Meetings in 2014 and 2017 as follows: 

Repurchasing of own shares

The Annual General Meeting of 21 March 2017 authorised the Board of Directors to decide on the repurchase of own shares with non-restricted equity. Altogether no more than 6,400,000 own shares may be purchased, of which no more than 952,000 are class A shares and 5,448,000 are class B shares. This authorisation shall remain in effect for a period of 18 months from the resolution by the Annual General Meeting. 
 

Issuance of shares as well as issuance of options and other special rights entitling to shares

The Annual General Meeting of 18 March 2014 authorised the Board of Directors to decide on the issuance of shares as well as the issuance of options and other special rights entitling to shares referred to in chapter 10 section 1 of the Finnish Companies Act. The amount of shares to be issued based on this authorisation shall not exceed 952,000 class A shares and 5,448,000 class B shares. The authorization covers both the issuance of new shares as well as the transfer of treasury shares. The authorisation remains in effect for a period of five years following the date of decision of the Annual General Meeting.