Fiskars Corporation
Stock Exchange Release
May 21, 2025 at 11:45 a.m. EEST

Fiskars Corporation to start to acquire the company's own shares

The Board of Directors of Fiskars Corporation has decided to commence acquiring the company's own shares on the basis of the authorization given by the Annual General Meeting held on March 12, 2025. The maximum number of shares to be acquired is 200,000, corresponding to approximately 0.2% of the total number of shares.

The shares shall be acquired through public trading on the Nasdaq Helsinki exchange at the market price prevailing at the time of purchase. The share buyback shall start on May 22, 2025, at the earliest, and end by the end of Annual General Meeting 2026, at the latest.

The Annual General Meeting held on March 12, 2025, decided to authorize the Board of Directors to decide on the acquisition in total of a maximum of 4,000,000 own shares, in one or several instalments, using the unrestricted shareholders' equity of the company. The authorization may be used to acquire shares to be used for the development of the capital structure of the company, as consideration in corporate acquisitions or industrial reorganizations and as part of the company's incentive system and otherwise for further transfer, retention or cancellation.

The total number of shares in Fiskars Corporation is 81,000,000. Fiskars Corporation owns 180,744 own shares.

FISKARS CORPORATION

Media and investor contacts:

Sanna Hellstedt, Director, Investor Relations (interim) and External Communications, tel. +358 40 553 3151

Fiskars Group in brief 

Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth. In 2024, Fiskars Group's global net sales were EUR 1.2 billion and we had close to 7,000 employees. We have two Business Areas (BA), Vita and Fiskars.

BA Vita offers premium and luxury products for the tableware, drinkware, jewelry and interior categories. Its well-known brands include Georg Jensen, Royal Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford. In 2024, BA Vita's reported net sales were EUR 605 million. Already 50% of BA Vita's net sales comes from direct-to-consumer sales, comprising approximately 500 stores and approximately 60 e-commerce sites.

BA Fiskars consists of the gardening and outdoor categories, in addition to the scissors and creating, as well as cooking categories. The brands include Fiskars and Gerber. In 2024, BA Fiskars' net sales were EUR 547 million.

Read more: fiskarsgroup.com