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UPM-Kymmene EGM approves partial demerger plan
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UPM-Kymmene EGM approves partial demerger plan
  • UPM-Kymmene shareholders met Aug. 31, 2026 in an extraordinary general meeting focused on a proposed partial demerger.
  • The meeting adopted the partial demerger plan signed April 29, 2026, including forming a new company, WISA Group, subject to completion.
  • Shareholders endorsed setting WISA’s board at six members, naming Tapio Korpeinen chair and Mats Nordlander deputy chair, conditional on completion.
  • Approval granted for WISA’s board to issue up to 25,000,000 shares or share-linked rights, effective only once the demerger completes.
  • Authorization also approved for WISA to acquire or accept as pledge up to 50,000,000 own shares, with Ernst & Young appointed auditor, both conditional.


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 via Cision (Ref. ID: 20260831:BIT:4256:0) on August 31, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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