The Board of Directors of Kamux Corporation has decided to start a repurchase program of the company's own shares. The shares shall be repurchased to be used as part of the reward payments under the performance matching share plan 2025-2029 and the Green Lions matching share plan that are targeted for the Group’s key employees, for the share-based remuneration of the Board of Directors and to optimize the company's capital structure through the reduction of capital. The Board of Directors may decide to cancel any excess shares acquired under the share purchase plan.
 
The repurchase of own shares shall start on Monday, November 17, 2025 at the earliest, and end on Thursday, April 16, 2025, at the latest. The maximum number of shares to be acquired during this term is 1,000,000, corresponding to approximately 2.5% of the company’s total number of shares. However, the maximum amount to be used for the repurchase of shares under the term is EUR 2,500,000. The shares shall be acquired in a proportion other than the shareholdings of the shareholders in public trading on Nasdaq Helsinki Ltd at the market price prevailing at the time of purchase. The repurchase of own shares will be financed by the company's distributable unrestricted equity.
 
The company intends to continue to carry out similar repurchase programs of own shares in the future for share-based remuneration.
 
The decision is based on the authorization given by the Annual General Meeting of 2025 for the Board of Directors to decide on the repurchase of own shares of the company.
 
The repurchases will be carried out in accordance with the so-called safe harbor rules referred to in Article 5 of the EU Market Abuse Regulation (EU N:o 596/2014). Kamux Corporation has appointed a third-party broker as the lead manager for the buyback program. The broker will make trading decisions independently, without influence from Kamux Corporation.
 
Kamux Corporation has a total of 40,017,420 shares. Kamux Corporation currently holds 144,053 own shares.
 
For more information, please contact:
CFO Enel Sintonen, tel. +358 40 579 3457
 
Kamux Corporation
Communications
 
Kamux is a retail chain specialized in used cars and related integrated services. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere. In addition to digital channels, the company has a total of 68 car showrooms in Finland, Sweden and Germany. Since its founding in Hämeenlinna, Finland, in 2003 the company has sold almost 600,000 used cars, 66,548 of which were sold in 2024. Kamux’s revenue in 2024 was EUR 1,010 million and its average number of employees was 904 in terms of full-time equivalent employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd. For more information, please visit www.kamux.com