Amer Sports Corporation
STOCK EXCHANGE RELEASE February 15, 2011
at 4:00 pm
Amer Sports Board of Directors has today decided to utilize the authorization
given by the Annual General Meeting held on March 10, 2010 to repurchase Amer
Sports shares. The company will acquire its own shares in order to implement
share-based incentive plans for 2011 and 2012 for the group's key personnel. The
repurchases will start at the earliest on February 23, 2011 and end on September
9, 2011 at the latest. The amount to be acquired is maximum one (1) million
shares.
The shares shall be repurchased otherwise than in proportion to the holdings of
the shareholders by using the non-restricted equity through public trading on
the NASDAQ OMX Helsinki Stock Exchange at the prevailing market price at the
time of acquisition. The shares shall be repurchased and paid for in accordance
with the rules of NASDAQ OMX Helsinki and Euroclear Finland Ltd.
For further information, please contact:
Esko Heinälehto, Group Treasurer, tel. +358 9 7257 8258,
esko.heinalehto@amersports.com
DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.amersports.com
AMER SPORTS
Amer Sports (www.amersports.com) is a sporting goods company with
internationally recognized brands including Salomon, Wilson, Atomic, Arc'teryx,
Precor, Suunto and Mavic. The company's technically-advanced sports equipment,
footwear and apparel improve performance and increase the enjoyment of sports
and outdoor activities. The Group's business is balanced by its broad portfolio
of sports and products and a presence in all major markets. Amer Sports shares
are listed on the NASDAQ OMX Helsinki stock exchange.
[HUG#1489159]