Cargotec will start to repurchase own shares

Cargotec will repurchase maximum 200,000 class B shares to be used as reward payments for Cargotec’s share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd at the market price. The repurchases will start on 1 November 2016 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum amount of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares.