UPM-Kymmene announces extraordinary shareholders meeting

Reuters2026/07/16 10:03

By:Reuters

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UPM-Kymmene will hold an extraordinary general meeting in Helsinki on Aug. 31, 2026.
Shareholders will vote on a partial demerger that would carve out the UPM Plywood business into a newly formed listed company, WISA Group.
The plan sets a 1:1 distribution of WISA Group shares to existing UPM shareholders, with implementation targeted for Oct. 31, 2026.
The meeting will also decide WISA Group’s formation, board appointments, auditor appointment, board fees, share-issuance authority, and authorization to repurchase own shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UPM-Kymmene Oyj published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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UPM-Kymmene announces extraordinary shareholders meeting

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