Suominen Oyj
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Suominen Corporation has transferred 25,090 shares to its Board of Directors members as part of their annual remuneration, according to a decision made at the company's Annual General Meeting on April 4, 2024. This transfer constitutes 25% of the annual remuneration. After this transaction, Suominen holds 541,670 treasury shares. The company, which specializes in manufacturing nonwovens for various applications, had a net sales of EUR 450.9 million in 2023.
On May 13, 2024, Suominen Corporation announced that Charles Héaulmé, a member of the board, had made two separate share acquisitions. The first transaction took place on May 8, 2024, where he bought 977 shares at a unit price of 2.6 EUR on NASDAQ Helsinki. The second transaction occurred on May 10, 2024, where he acquired 2272 shares at the same unit price on the same platform. Suominen Corporation, which manufactures nonwovens for various applications, had a net sales of EUR 450.9 million in 2023. The company is listed on Nasdaq Helsinki.
Suominen Corporation held its Annual General Meeting (AGM) on April 4, 2024, in Helsinki, Finland. The AGM adopted the Financial Statements for 2023 and approved the Remuneration Report for the Company’s governing bodies. The Board of Directors was authorized to decide on repurchasing of the company's shares and issuance of shares. A dividend of EUR 0.10 per share will be paid for the financial year of 2023. The AGM confirmed the remuneration of the Board of Directors, with the Chair to be paid an annual fee of EUR 74,000 and other members between EUR 35,000 and EUR 45,000. Six board members were elected, including a new member, Charles Héaulmé, who was also elected as the new Chair of the Board. Ernst & Young Oy was re-elected as the auditor of the company. The minutes of the Meeting will be available on the company’s website on April 18, 2024.