REG-Smurfit Kappa Group PLC Statement re Share Buy-Back Transaction

Smurfit KappaAnnouncement

07/12/2022 07:00

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Statement re Share Buy-Back Transaction

 

7 December 2022

Share Buy-Back Transaction

Smurfit Kappa Group plc announces that, from today, it will commence a share
buy-back transaction of up to approximately 1.2 million Smurfit Kappa Group
plc ordinary shares (‘Shares’) to mitigate the dilution of Shares issued
on the vesting of awards under its Performance Share Plan earlier this year.
Any Shares repurchased will be cancelled.

-ENDS-

About Smurfit Kappa

Smurfit Kappa, a FTSE 100 company, is one of the leading providers of
paper-based packaging solutions in the world, with approximately 48,000
employees in over 350 production sites across 36 countries and with revenue of
€10.1 billion in 2021. We are located in 23 countries in Europe, and 13 in
the Americas. We are the only large-scale pan-regional player in Latin
America. Our products, which are 100% renewable and produced sustainably,
improve the environmental footprint of our customers.

With our proactive team, we relentlessly use our extensive experience and
expertise, supported by our scale, to open up opportunities for our customers.
We collaborate with forward-thinking customers by sharing superior product
knowledge, market understanding and insights in packaging trends to ensure
business success in their markets. We have an unrivalled portfolio of
paper-based packaging solutions, which is constantly updated with our
market-leading innovations.

This is enhanced through the benefits of our integration, with optimal paper
design, logistics, timeliness of service, and our packaging plants sourcing
most of their raw materials from our own paper mills.

We have a proud tradition of supporting social, environmental and community
initiatives in the countries where we operate. Through these projects we
support the UN Sustainable Development Goals, focusing on where we believe we
have the greatest impact.

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 Contacts                                                                                                                            
 Ciarán Potts                                            Melanie Farrell                                                             
 
                                                       
                                                                           
 Smurfit Kappa                                           FTI Consulting                                                              
 
                                                       
                                                                           
 T: +353 1 202 71 27                                     T: +353 86 401 5250                                                         
 
                                                       
                                                                           
 E: ir@smurfitkappa.com (mailto:ir@smurfitkappa.com)     E: smurfitkappa@fticonsulting.com (mailto:smurfitkappa@fticonsulting.com)   


 



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Smurfit Kappa Group PLC


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