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UPM sets October 31 for separation of plywood business into WISA Group
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UPM sets October 31 for separation of plywood business into WISA Group
  • UPM has decided to complete the transfer of its plywood business to WISA Group, with completion scheduled for October 31, 2026.
  • WISA Group will receive the business's assets and liabilities, becoming an independent company.
  • Shareholders will receive one WISA Group share per UPM share, with 527,324,046 shares expected to be issued.
  • Trading in WISA Group shares on Nasdaq Helsinki is expected to begin around November 2, 2026, under the symbol WISA.
  • Finland's financial supervisor cleared a prospectus supplement covering WISA Group's nine-month financial information, guidance and outlook.


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 October 28, 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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