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Amer Sports buys back a further 43,000 shares

Amer Sports has continued its share repurchasing plan, buying back a further 43,000 shares on 24 February.

This is in addition to the 28,000 Amer Sports shares purchased by the company on 23 February 2011.

Yesterday, on the Helsinki Stock Exchange and at an average price per share at around €9.19, the company repurchased 43,000 Amer Sports shares. The total outlay for the shares was €395,370.58.

Amer Sports Corporation now holds a total of 413,963 shares including the shares repurchased on 24 February 2011.

The company is acquiring its own shares in order to implement share-based incentive plans for 2011 and 2012 for the group’s key personnel. The repurchases started on 23 February 2011 and will end on 9 September 2011 at the latest.

The amount to be acquired is a maximum of 1 million shares.

www.amersports.com