Own shares

On July 25, 2019, YIT announced that the Board of Directors had passed a resolution to start repurchasing the company’s own shares on the basis of the authorisation given by the Annual General Meeting. On September 2, 2019, YIT announced having completed the repurchasing programme of the company’s own shares. During the time period from July 26, 2019 to August 30, 2019, the company purchased through public trading organised by Nasdaq Helsinki Oy a total of 1,500,000 company's own shares.

The Board of Directors decided on August 20, 2019 on a directed share issue for Lemminkäinen Performance Share Program reward payment from the 2016 performance period as agreed in connection with the merger of YIT and Lemminkäinen. On September 18, 2019, YIT announced that in the share issue, 41,014 YIT Corporation shares were issued and conveyed without consideration to the key persons participating in the incentive scheme according to the terms and conditions of the incentive scheme.

The Board of Directors of YIT Corporation decided on April 26, 2019 on a directed share issue for the reward payment from the 2016 earning period under the YIT Group’s Incentive Scheme 2014–2019. In the share issue, 179,339 YIT Corporation shares maximum will be issued and conveyed without consideration to the key persons participating in the incentive scheme according to the terms and conditions of the incentive scheme. 

The Board of Directors of YIT Corporation decided on September 18, 2018 on a directed share issue for Lemminkäinen Performance Share Program reward payment from the 2016 performance period. In connection with the merger of YIT and Lemminkäinen, the companies agreed on payment of unpaid share rewards earned under Lemminkäinen’s long-term incentive plan with shares in YIT. In the share issue, a maximum amount of 50,911 YIT Corporation shares will be issued and conveyed without consideration to the key persons participating in the incentive scheme according to the terms and conditions of the incentive scheme.

The Board of Directors of YIT Corporation has on April 26, 2018 decided on a directed share issue for the reward payment from the 2015 earning period under the YIT Group’s Incentive Scheme 2014–2019. In the share issue, 306,159 YIT Corporation shares will be issued and conveyed without consideration to the key persons participating in the incentive scheme according to the terms and conditions of the incentive scheme.

The Board of Directors of YIT Corporation has on April 26, 2017 decided on a directed share issue for the reward payment from the 2014 earning period under the YIT Group’s Incentive Scheme 2014–2019. In the share issue, 238,554 YIT Corporation shares will be issued and conveyed without consideration to the key persons participating in the incentive scheme according to the terms and conditions of the incentive scheme.

The Annual General Meeting unanimously decided to purchase a minimum of 200 to a maximum of 2,000,000 of the company’s own shares with distributable shareholders’ equity in accordance with the proposal by the Board of Directors.

The Annual General Meeting unanimously resolved to authorize the Board of Directors to decide on the disposal of a maximum of 2,000,000 of the company’s own shares which have been previously acquired by the company or will be acquired for the company on the basis of the decision described above in such a manner and for such purposes as are meant in the proposal by the Board of Directors.

On September 5, 2003, YIT published a Stock Exchange Release where was told that the shares can be transferred at Helsinki Stock Exchange either in continuous trading, after-hours trading at the daily price or as a contractual trade. The shares will be offered to investors by means of the bookbuilding method.

On September 5, 2003, YIT sold all of the 567,500 YIT shares it had in its possession.

At the end of the year 2003, YIT did not have any own shares in its possession. Neither did it have any valid authorization to purchase or transfer its own shares.

The Board of Directors decided on August 29, 2003, under the authorization granted by the Annual General Meeting, to dispose of a maximum of 567,500 YIT shares owned by the company as part of the financial arrangements related to the Building Systems business acquired from ABB.

No own shares were purchased or transferred before the Annual General Meeting in the spring 2003. The Annual General Meeting on March 13, 2003 authorized the Board of Directors to decide on the disposal of max. 567,500 of the company's own shares.

In November, the company purchased 200 own shares at the average price of EUR 15.49.

On December 31, 2002 the company held a total of 567,500 of the company's own shares, representing 1.9 per cent of the total amount of the shares outstanding. The subsidiaries did not own YIT Corporation's shares. No own shares were transferred during the year 2002.

The Annual General Meeting held on March 7, 2002 decided to purchase a minimum of 200 to a maximum of 700,000 of the company's own shares. In addition, the Annual General Meeting authorized the Board of Directors to decide on the disposal of a maximum of 1,267,300 of the company's own shares. The authorization was valid one year from the Annual General Meeting onwards.

In January 2002, the company purchased a total of 52,021 of its own shares at the average price of EUR 13.63. On January 31, 2002, the company held a total of 567,300 of its own shares.

On December 31, 2001, the company held a total of 515,279 of its own shares, representing 1.8% of the shares outstanding