Kemira cancels treasury shares

Kemira Oyj has cancelled 5,000,000 treasury shares. This cancellation reduces Kemira's total number of shares outstanding to 145,342,557. The cancellation was registered with the Finnish Trade Register on Friday.

The cancelled shares were acquired as part of a share buyback program that commenced on February 13, 2026, and concluded on June 16, 2026. Following the registration of the cancellation, Kemira holds 564,937 treasury shares.

The cancellation of shares is a standard procedure for managing a company's capital and share structure. It does not directly impact the company's operational performance but can affect per-share metrics like earnings per share.

In recent years, many publicly traded companies have utilized share buyback programs and subsequent cancellations as a method for returning capital to shareholders or enhancing per-share financial ratios.