Wulff-Yhtiöt Oyj (HLSE:WUF1V) commences share repurchases on October 26, 2022, under the program mandated by the shareholders in the Annual General Meeting held on April 8, 2022. As per the mandate, the company is authorized to repurchase up to 300,000 shares. The shares can be repurchased to develop the company's capital structure, to be used as remuneration in corporate acquisitions or to finance other arrangements, or as part of the company's incentive scheme in the manner and within the scope determined by the Board or to be further disposed of or cancelled. The authorization is effective until April 30, 2023.

On October 25, 2022, the company initiated a Market Repurchase. Under the program, the company will repurchase up to 70,000 shares, representing 1.01% of its issued capital for €0.1 million. The program will commence from October 26, 2022 and end no later than December 30, 2022.