Kemira Corrects Announcement On Cancellation Of Repurchased Shares

Kemira Oyj, a global leader in specialty chemicals for water-intensive industries including pulp and paper production, has issued a correction regarding its cancellation of repurchased shares. This update addresses a prior disclosure on share capital adjustments through the Finnish stock market regulator, reflecting ongoing capital management strategies amid volatile market conditions. Kemira's share buyback and cancellation program aims to optimize its capital structure, enhance shareholder value, and support financial flexibility for investments in sustainable chemical solutions critical for pulp bleaching, paper wet-end chemistry, and water treatment processes. As a key supplier to the global pulp and paper sector, Kemira's corporate actions signal confidence in long-term demand for its coagulants, flocculants, and functional additives despite fluctuating pulp prices and capacity expansions worldwide. The correction ensures accurate investor information compliance with EU disclosure requirements, underscoring Kemira's commitment to transparency in its Helsinki-listed operations serving paper mills across Europe, Asia, and North America.