Repurchase of Amer Sports shares
The AGM, held on March 8, 2007, authorized the Board of Directors to decide on the repurchase of a maximum of 3,500,000 of the Company’s own shares.
The Company’s own 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 Helsinki Stock Exchange at the market price prevailing at the time of acquisition.
The Amer Sports Board of Directors started a new share repurchase program based on the authorization given by the AGM on March 8, 2007. The company acquired its own shares in order to implement a share-based incentive plan for 2007 for the Group's key personnel.
The repurchased amount represents 0.6% Amer Sports share capital on December 31, 2007.