HKFoods transfers own shares to CEO
HKFoods is transferring 89,332 of its own series A shares to the company's CEO as part of a performance share plan. Following the transfer, HKFoods will hold 668 treasury shares.
HKFoods Plc will transfer 89,332 of its own series A shares, held by the company, to its CEO on March 12, 2026. This transfer, made without consideration, fulfills the first installment of rewards under the 2023–2027 performance share plan, as per its terms. The company's Board of Directors passed the resolution for this share transfer.
The transfer is executed under the authorization granted by the Annual General Meeting on April 23, 2025. Such share transfers are a common mechanism for aligning executive compensation with long-term company performance and shareholder value.
After this transaction, HKFoods will hold 668 of its own shares. The company previously held a larger number of treasury shares, which have been utilized for various employee and executive incentive programs over time.
Founded 110 years ago, HKFoods is a food company employing nearly 3,000 professionals. Known for its responsible and locally produced food, its key Finnish brands include HK®, Kariniemen®, and Via®. The company reported a net sales of EUR 1 billion in 2025.