Kalmar has completed share repurchases announced in October

KALMAR CORPORATION, STOCK EXCHANGE RELEASE, 10 DECEMBER 2024 AT 10:00 AM (EET) 

Kalmar has completed share repurchases announced in October

Kalmar has completed the share repurchases announced on 31 October 2024. Kalmar repurchased 250,000 class B shares at an average price of 32.1290 EUR between 4 November 2024 and 9 December 2024. The repurchases were based on the authorisation given by the Annual General Meeting of Cargotec Corporation on 30 May 2024 to Kalmar's Board of Directors and the shares are planned to be used as reward payments for Kalmar's share-based incentive programmes.

Kalmar Corporation now holds a total of 250,000 own class B shares including the shares repurchased.

For further information, please contact:
Sakari Ahdekivi, CFO, tel. +358 50 400 3557
Carina Geber-Teir, SVP, IR, Marketing & Communications, tel. +358 40 502 4697

About Kalmar
Kalmar (Nasdaq Helsinki: KALMAR) is moving goods in critical supply chains around the world, with the vision to be the forerunner in sustainable material handling equipment and services. The company offers a wide range of industry shaping heavy material handling equipment and services to ports and terminals, distribution centres, manufacturing and heavy logistics. Headquartered in Helsinki, Finland, Kalmar operates globally in over 120 countries and employs approximately 5,200 people. In 2023, the company's sales totalled approximately EUR 2.0 billion. www.kalmarglobal.com