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2/15/2026

Share buybacks

Kemira announced its second share buyback program on February 12, 2026. The purpose of the buyback program is to further optimize Kemira’s capital structure and to serve the interests of the company’s diverse shareholder base. The maximum number of shares to be repurchased is 5,000,000. The program commenced on February 13, 2026, and will end by September 20, 2026, at the latest. Repurchased shares will be cancelled after the program has ended. Read more here.

The first share buyback program was conducted between July 22, 2025 and December 16, 2025. During this program Kemira repurchased a total of 5,000,000 own shares. Kemira cancelled the shares after the completion of the program.

Share buybacks complement Kemira’s other capital allocation, such as investments in growth and dividend payments.

Authorization by the Annual General Meeting 2025

Kemira’s Annual General Meeting 2025 authorized the Board of Directors to decide upon repurchase of a maximum of 14,600,000 company’s own shares. Shares shall be repurchased by using unrestricted equity either through a tender offer with equal terms to all shareholders at a price determined by the Board of Directors or otherwise than in proportion to the existing shareholdings of the company’s shareholders (directed repurchase).

Shares may be repurchased to be used in implementing or financing mergers and acquisitions, developing the company’s capital structure, improving the liquidity of the company’s shares or to be used for the payment of the annual fee payable to the members of the Board of Directors or implementing the company’s share-based incentive plans. In order to realize the aforementioned purposes, the shares acquired may be retained, transferred further or cancelled by the company.

The Share repurchase authorization is valid until September 20, 2026. The Board of Directors shall decide upon how the shares are repurchased and other terms related to any share repurchase. Kemira completed its first share buyback program between July 22 and December 16, 2025. During this period 5,000,000 shares were repurchased. The repurchased treasury shares were cancelled according to the decision by the Board of Directors, and the cancellation was registered with the Finnish Trade Register on December 23, 2025. Kemira announced its second share buyback program on February 12, 2026, and the program commenced on February 13, 2026.

Read more:
Decisions of the Annual General Meeting 2025 (Stock exchange release on March 20, 2025)

Share buybacks since July 22, 2025

Share buybacks by quarter Number of shares Purchase price, EUR million
Q3 2025 2,022,930 39.4
Q4 2025 2,977,070 56.6
Total in 2025 5,000,000 96.0

Kemira updates this table quarterly along its interim reports. On February 13, 2026 Kemira started its second share buyback program. Up-to-date information of Kemira’s treasury shares can be found from the latest stock exchange releases.

A new share buyback program commenced on February 13, 2026

On February 12, 2026, Kemira announced that it’s Board of Directors had decided to to commence a new repurchase of Kemira’s own shares (buyback program) on the basis of the authorization given by the Annual General Meeting held on March 20, 2025. The purpose of the buyback program is to further optimize Kemira’s capital structure and to serve the interests of the company’s diverse shareholder base.

The share buyback program commenced on February 13, 2026, and will end by September 20, 2026, at the latest. Repurchased shares will be cancelled after the program has ended. The maximum number of shares to be repurchased is 5,000,000 corresponding to approximately 3.3% of the total number of shares. The maximum monetary amount to be used for the program is EUR 100 million. The shares will be repurchased in public trading on Nasdaq Helsinki otherwise than in proportion to the existing shareholdings of Kemira’s shareholders, at the market price quoted at the time of purchase on Nasdaq Helsinki Ltd, using the Company’s non-restricted shareholders’ equity.

Before the start of the program, Kemira held 896,004 treasury shares. The total number of Kemira’s shares is 150,342,557.

Read more:
Kemira commences a new share buyback program (Stock exchange release on February 12, 2026)

Share buyback program, July 22–December 16, 2025

On July 18, 2025, Kemira announced that its Board of Directors had decided to commence a repurchase of Kemira’s own shares (share buyback program) on the basis of the authorization given by the Annual General Meeting held on March 20, 2025. The purpose of the buypack program was to optimize Kemira’s capital structure and to serve the interests of the company’s diverse shareholder base.

The program started on July 22, 2025 and was completed on December 16, 2025. During the program Kemira repurchased a total of 5,000,000 own shares, corresponding to approximately 3.2% of the total number of shares. The average purchase price of the shares was EUR 19.23. The repurchased shares reduced Kemira’s equity by approximately EUR 96 million. The shares were repurchased in public trading on Nasdaq Helsinki otherwise than in proportion to the existing shareholdings of Kemira’s shareholders, at the market price quoted at the time of purchase on Nasdaq Helsinki Ltd, using the Company’s non-restricted shareholders’ equity.

After the completion of the share buyback program, Kemira held a total of 5,896,004 own shares. Kemira cancelled the 5,000,000 repurchased treasury shares according to the decision by the Board of Directors, and the cancellation was registered with the Finnish Trade Register on December 23, 2025. After the cancellation, Kemira held 896,004 treasury shares.

Read more:
Kemira commences a share buyback program (Stock exchange release on July 18, 2025)
Kemira has completed its share buyback program announced in July 2025 (Stock exchange release on December 16, 2025)
Kemira has cancelled the repurchased treasury shares (Stock exchange release on December 23, 2025)

Frequently asked questions

Share buybacks is one tool Kemira can use to return capital to shareholder and thus similar to dividends. Kemira’s balance sheet is strong and share buybacks is one way to optimize the balance sheet structure. They are also a way to diversify shareholder returns, and many foreign shareholders prefer share buybacks due to tax reasons.

As authorized by Kemira’s Annual General Meeting 2025, shares may be repurchased to be used in implementing or financing mergers and acquisitions, developing the company’s capital structure, improving the liquidity of the company’s shares or to be used for the payment of the annual fee payable to the members of the Board of Directors or implementing the company’s share-based incentive plans.

Kemira’s Annual General Meeting 2025 authorized the Board of Directors to decide upon repurchase of a maximum of 14,600,000 company’s own shares. The authorization is valid until September 20, 2026. Of this authorization, 5,000,000 shares were repurchased as a part of the share buyback program between July 22 and December 16, 2025. Kemira cancelled the 5,000,000 repurchased treasury shares according to the decision by the Board of Directors, and the cancellation was registered with the Finnish Trade Register on December 23, 2025. After the cancellation, Kemira held 896,004 treasury shares.

On February 12, 2026, Kemira announced its second share buyback program, and the program commenced on February 13, 2026. Under this program, a maximum of 5,000,000 shares can be repurchased. Read more here.

Kemira has completed one share buyback program between July 22, 2025 and December 16, 2025. Kemira repurchased a total of 5,000,000 own shares, corresponding to approximately 3.2% of the total number of shares. The average purchase price of the shares was EUR 19.23. The repurchased shares reduced Kemira’s equity by approximately EUR 96 million. Kemira cancelled the 5,000,000 repurchased treasury shares according to the decision by the Board of Directors, and the cancellation was registered with the Finnish Trade Register on December 23, 2025. After the cancellation, Kemira held 896,004 treasury shares.

On February 12, 2026, Kemira announced its second share buyback program, and the program commenced on February 13, 2026. Under this program, a maximum of 5,000,000 shares can be repurchased. Read more here. Up-to-date information of the repurchased shares can be found in the latest stock exchange releases at our newsroom.

Despite launching the buyback program (July 22, 2025 – December 2025), Kemira’s dividend policy and key strategic priorities have remained unchanged. Kemira continues to pay an attractive and over-time increasing dividend. The company’s strong balance sheet enables investments in both organic and inorganic growth, and Kemira continues to actively look for small-to-mid-sized acquisitions, particularly in Water Solutions. The Annual General Meeting decides the dividend each year.

Yes. Our strong balance sheet continues to enable investments in both organic and inorganic growth, and we continue to actively look at small-to-mid-sized acquisitions, particularly in Water Solutions.

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