UPM-Kymmene Corp. increases basic capital

On August 2, the extraordinary meeting of shareholders of Helsinki-based Finnish forestry group UPM-Kymmene Corp. approved of an increase in the basic capital by EUR20.9m. The company will issue 12.3m new shares at a subscrip- tion rate of EUR34.071 and in a nominal value of EUR1.70. Upon the completion of the ...

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