The board of directors of Kemira Oyj intends to propose to the annual general meeting of shareholders that the board be authorized to continue the purchase programme for the acquisition of shares in t…
The board of directors of Kemira Oyj intends to propose to the annual general meeting of shareholders that the board be authorized to continue the purchase programme for the acquisition of shares in the company up to the amount of 6,118,000 maximum, corresponding to 5% of the entire number of shares in the company. To this date the company is in possession of 4,190,000 shares. The acquisitions will be made through the Helsinki Exchanges at the prevailing market price. It is proposed that the authorization be continued until the next annual general meeting of shareholders. The company“s board of directors will also propose that a dividend of EUR 0.30 per share be paid for the financial year 2001. A further proposal will be made concerning an amendment to the Articles of Association to the effect that the annual general meeting will select the company“s board of directors and the board“s scope of duties be extended to cover the selection of the company“s President and CEO. The proposed dividend is EUR 0.30 per share, to be paid to shareholders who are registered in the shareholder register kept by the Finnish Central Securities Depository Ltd. on 8 April 2002. The board of directors will propose to the annual general meeting that the dividend be paid on 16 April 2002. The documents concerning the financial statements and the above-mentioned proposals of the board of directors, including annexes to them, will be available for inspection by shareholders as from Tuesday, 26 March, 2002 at Kemira House, Porkkalankatu 3, Helsinki. The Annual General Meeting of shareholders of Kemira Oyj will be held on Wednesday, 3 April 2002 at 4.00 p.m.at Kemira House, address Porkkalankatu 3, Helsinki, Finland.