Daily price and volume of the share.
YIT's shares are listed in Nasdaq Helsinki Ltd. The company has one series of shares. Each share carries one vote and confers an equal right to a dividend.
Share capital
149,716,748.22€
Number of shares
232,059,853
Series of shares
One series
YIT aims to be an attractive dividend payer and one of its strategic targets is an annually growing dividend.
The Annual General Meeting decided to approve the proposal of the Board of Directors to not distribute dividend.
Development of the dividend per share paid by YIT from 2018 onwards:
Annual dividend, € Extra dividend, €
The list of YIT's largest shareholders is based on information provided by Euroclear Finland Ltd. The information is updated monthly.
Following the MAR regulations, as of 1 February 2018, YIT's management (whose transactions shall be notified) consists of:
Other Group Management Team members has no obligation to notify transactions according to MAR.
Releases about the managers transactions can be found here.
Read more about Insider Administration
The shares of YIT owned directly by the members of the Board of Directors and members of the Management team are visible in the table below.
The holdings of controlled entities can be found here
Flagging notifications shall be sent by e-mail to InvestorRelations@yit.fi
YIT Corporation has gained knowledge of the following notifications on changes in holdings under the Chapter 9, Section 5 and 6a, of the Finnish Securities Markets Act.
Over 15% ownership
Virala Oy Ab (Tercero Invest AB)
Over 5% ownership
Varma Mutual Pension Insurance Company
PNT Group Oy
2023 |
|
NOV 22 |
YIT Corporation has on 22 November 2023 received an announcement under Chapter 9, Section 5 and 6a of the Securities Markets Act from Virala Oy Ab. According to the announcement, the total number of YIT shares owned directly or through financial instruments by Virala Oy Ab and its chain of controlled undertakings was 20.31% of the company's shares and votes on 21 November 2023. YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares. |
2022 |
|
MAY 13
|
YIT Corporation has on 13 May 2022 received an announcement under Chapter 9, Section 5 and 6a of the Securities Markets Act from Virala Oy Ab. According to the announcement, the total number of YIT shares owned directly or through financial instruments by Virala Oy Ab and its chain of controlled undertakings was 16.58% on 12 May 2022. YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares. |
APR 19
|
YIT Corporation has on 19 April 2022 received an announcement under Chapter 9, Section 5 and 6 of the Securities Markets Act, according to which the holding of Virala Oy Ab has exceeded the threshold of 15 per cent. According to the announcement, the holding had exceeded the threshold on 14 April 2022. According to the announcement, the total number of YIT shares owned directly or through financial instruments by Virala Oy Ab is 15.40%. YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares. |
APR 8 |
YIT Corporation has on 8 April 2022 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Virala Oy Ab has exceeded the threshold of 15 per cent. According to the announcement, the holding had exceeded the threshold on 8 April 2022. According to the announcement, the total number of YIT shares owned directly or through financial instruments by Virala Oy Ab is 15.09%. YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares. |
2018 |
|
AUG 17 |
YIT Corporation has on August 17, 2018 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Virala Oy Ab has exceeded the threshold of 10 per cent. According to the announcement, the holding had exceeded the threshold on August 17, 2018. According to the announcement, the total number of YIT shares owned by Virala Oy Ab is 10.14 per cent. YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares. |
JUN 26 |
YIT Corporation has on June 26, 2018 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Virala Oy Ab has exceeded the threshold of 5 per cent. According to the announcement, the holding had exceeded the threshold on June 26, 2018. According to the announcement, the total number of YIT shares owned directly or through financial instruments by Virala Oy Ab is 5.02 per cent. YIT has one share series, each share entitling to one vote. The total number of YIT’s shares is 211,099,853 shares. |
Feb 1 |
YIT Corporation has on February 1, 2018 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of PNT Group Oy has exceeded the threshold of 5 per cent. As a result of the completion of the merger of YIT and Lemminkäinen on February 1, 2018 the ownership of PNT Group Oy in Lemminkäinen was transferred to YIT. Lemminkäinen’s shareholders received as merger consideration 3.6146 new shares in YIT for each share in Lemminkäinen owned by them. The previous ownership of PNT Group Oy in Lemminkäinen on January 31, 2018 was 4,231,948 shares, corresponsing to the share of 18.23% from Lemminkäinen’s entire share stock. According to the notification, the holding of PNT Group Oy in YIT Corporation is 15,296,799, corresponsing to the share of 7.25% from YIT’s entire share stock. YIT has one share series, each share entitling to one vote. As a result of the registration of the execution of the merger, the total number of YIT shares increased to 211,099,853 shares. |
Oct 18 |
YIT Corporation has on October 18, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of JPMorgan Chase & Co. and its funds in YIT has fallen below the threshold of 5 per cent. According to the announcement, the holding had fallen below the threshold on October 17, 2016. According to the announcement, the total number of YIT shares owned directly or through financial instruments by JPMorgan Chase & Co. and its funds was 4.92 per cent of YIT's total number of shares and voting rights on October 17, 2016. |
Oct 10 |
YIT Corporation has on October 10, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of JPMorgan Chase & Co. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding had exceeded the threshold on October 7, 2016. According to the announcement, the total number of YIT shares owned directly or through financial instruments by JPMorgan Chase & Co. and its funds was 5.02 per cent of YIT's total number of shares and voting rights on October 7, 2016. |
Jun 28 |
YIT Corporation has on June 28, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of JPMorgan Chase & Co. and its funds in YIT has fallen below the threshold of 5 per cent. According to the announcement, the holding had fallen below the threshold on June 27, 2016. According to the announcement, the holding of JPMorgan Chase & Co. and its funds in YIT has on June 27, 2016 decreased to 6,002,923 shares, corresponding to 4.72 per cent of YIT's shares and voting rights. |
Jun 14 |
YIT Corporation has on June 14, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of JPMorgan Chase & Co. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding had exceeded the threshold on June 13, 2016. According to the announcement, the holding of JPMorgan Chase & Co. and its funds in YIT has on June 13, 2016 increased to 6,781,876 shares, corresponding to 5.33 per cent of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Feb 15 |
YIT Corporation has on February 15, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has gone below the threshold of 5 per cent. According to the announcement, the holding had gone below the threshold on February 12, 2016. YIT announced on February 12, 2016 that the holding of BlackRock, Inc. and its funds in YIT had on February 11, 2016 increased to 6.29 per cent (8,012,177 shares) of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Feb 12 |
YIT Corporation has on February 12, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding had exceeded the threshold on February 11, 2016. According to the announcement, the holding of BlackRock, Inc. and its funds in YIT has on February 11, 2016 increased to 8,012,177 shares, corresponding to 6.29 per cent of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Feb 11 |
YIT Corporation has on February 11, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has gone below the threshold of 5 per cent. According to the announcement, the holding had gone below the threshold on February 10, 2016. YIT announced on February 1, 2016 that the holding of BlackRock, Inc. and its funds had increased to 5.17 per cent (6,587,076 shares) of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement |
Feb 5 |
YIT Corporation has on February 5, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Structor S.A. in YIT has gone below the threshold of 5 per cent. According to the announcement, the holding of Structor S.A. and its funds in YIT has on February 5, 2016 decreased to 5,820,000 shares, corresponding to 4.57 per cent of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Feb 1 |
YIT Corporation has on February 1, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding of BlackRock, Inc. and its funds in YIT has on January 29, 2016 increased to 6,587,076 shares, corresponding to 5.17 per cent of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Jan 29 |
YIT Corporation has on January 29, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has gone below the threshold of 5 per cent. According to the announcement, the holding had gone below the threshold on January 28, 2016. YIT announced on January 22, 2016 that the holding of BlackRock, Inc. and its funds in YIT had increased to 5.11 per cent (6,508,078 shares) of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Jan 25 |
YIT Corporation has on January 22, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Polaris Capital Management, LLC in YIT has gone below the threshold of 5 per cent. According to the announcement, the holding of Polaris Capital Management, LLC in YIT has decreased to 6,194,698 shares, corresponding to 4.87 per cent of YIT's shares. Polaris Capital Management, LLC held 4,225,983 voting rights in YIT on January 22, 2016, which is 3.32 per cent of voting rights in YIT. |
Jan 22 |
YIT Corporation has on January 22, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding of BlackRock, Inc. and its funds in YIT has on January 21, 2016 increased to 6,508,078 shares, corresponding to 5.11 per cent of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Jan 13 |
YIT Corporation has on January 13, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has gone below the threshold of 5 per cent. YIT announced on January 12, 2016 that the holding of BlackRock, Inc. and its funds in YIT had increased to 5.01 per cent (6,374,475 shares) of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Jan 12 |
YIT Corporation has on January 12, 2016 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of BlackRock, Inc. and its funds in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding of BlackRock, Inc. and its funds in YIT has increased to 6,374,475 shares, corresponding to 5.01 per cent of YIT's shares and voting rights. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Dec 18 |
YIT Corporation has on December 17, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Polaris Capital Management, LLC in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding of Polaris Capital Management, LLC in YIT has increased to 6,506,138 shares, corresponding to 5.11 per cent of YIT's shares. Polaris Capital Management, LLC held 4,664,857 voting rights in YIT on December 17, 2015, which is 3.67 percent of voting rights in YIT. On December 15, 2015, YIT announced that that the holding of Polaris Capital Management, LLC in YIT had decreased below 5 per cent; to 6,302,538 shares, corresponding to 4.95 per cent of YIT’s shares, and the number of voting rights to 4,461,257, corresponding to 3.51 per cent of voting rights in YIT. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Dec 15 |
YIT Corporation has on December 14, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Polaris Capital Management, LLC in YIT has gone below the threshold of 5 per cent. According to the announcement, the holding of Polaris Capital Management, LLC in YIT has on December 11, 2015 decreased to 6,302,538 shares, corresponding to 4.95 per cent of YIT's shares and the holding of voting rights in YIT has decreased to 4,461,257, which is 3.51 per cent of voting rights in YIT. On November 12, 2015 YIT announced that that the holding of Polaris Capital Management, LLC in YIT had increased to 6,374,798 shares, corresponding to 5.01 per cent of YIT’s shares, and the number of voting rights had increased to 4,533,517, corresponding to 3.56 per cent of voting rights in YIT. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Nov 12 |
YIT Corporation has on November 11, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Polaris Capital Management, LLC in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding of Polaris Capital Management, LLC in YIT has increased to 6,374,798 shares, corresponding to 5.01 per cent of YIT's shares. Polaris Capital Management, LLC held 4,533,517 voting rights in YIT on November 11, 2015, which is 3.56 percent of voting rights in YIT. YIT has one share series, each share entitling to one vote. YIT’s registered total number of shares amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Apr 30 |
YIT Corporation has on April 30, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of Structor S.A. in YIT has gone below the threshold of 10 per cent. According to the announcement, the holding of Structor S.A. in YIT has decreased to 7,550,000 shares, corresponding to 5.93 per cent of YIT's shares and voting rights. YIT’s registered total number of shares and voting rights amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
Mar 19 |
YIT Corporation has on March 19, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of the mutual funds managed by BlackRock, Inc. in YIT has gone below the threshold of 5 per cent. |
Mar 12 |
YIT Corporation has on March 12, 2015 received an announcement under Chapter 9, Section 5 of the Securities Markets Act, according to which the holding of the mutual funds managed by BlackRock, Inc. in YIT has exceeded the threshold of 5 per cent. According to the announcement, the holding of the mutual funds managed by BlackRock, Inc. in YIT has increased to 6,361,179 shares, corresponding to 5.00 per cent of YIT's shares and voting rights. YIT’s registered total number of shares and voting rights amounting to 127,223,422 has been used in the calculation of percentages for the announcement. |
May 24 |
Varma Mutual Pension Insurance Company informed on May 25, 2010 that following a share transaction on May 21, 2010 holdings of Varma Mutual Pension Insurance Company had increased to over 5% of YIT Corporation's shares and votes. The company holds a total of 6,570,908 YIT shares which equals to 5.17 per cent of YIT Corporation's shares. |
Apr 03 |
Suomi Mutual Life Assurance Company informed on April 3, 2009 that following a share transaction on April 3, 2009 its holdings had decreased to below 5% of YIT Corporation’s shares and votes. The company holds a total of 6,184,119 YIT shares which equals to 4.86 per cent of YIT Corporation’s shares. |
Nov 26 |
Structor S.A informed YIT on November 25, 2008 that following a share transaction on November 24, 2008 its holding of YIT Corporation’s shares and votes has increased to 10.02 per cent. At the same time it is notified that YIT Corporation shares owned by Fennogens Investments S.A and Corbis S.A have been transferred to Structor S.A, and thus these two companies do no longer hold YIT shares. |
Nov 11 |
Fennogens Investments S.A informed YIT on November 7, 2008 that following a share transaction on November 6, 2008 its holding of YIT Corporation’s shares and votes has risen to 5.85 per cent. |
Oct 03 |
Corbis S.A and Fennogens Investments S.A informed YIT on October 3, 2008 that following a share transaction on October 2, 2008 their holdings of YIT Corporation’s shares and votes has risen to 5.70 per cent. |
Jul 15 |
Julius Baer Holding Ltd informed YIT on July 15, 2008 that following a share transaction on July 10, 2008 Julius Baer Holding Ltd's group of companies' holding of YIT Corporation's share capital and voting rights has fallen to 4.987 per cent. |
May 19 |
Julius Baer Holding Ltd informed YIT on May 19, 2008 that following a share transaction on May 7, 2008 Julius Baer Holding Ltd's group of companies' holding of YIT Corporation's share capital and voting rights has risen to 5.06 per cent. |
Oct 30 |
Schroder Investment Management Compliance Limited informed YIT that its holding of YIT Corporation's number of shares has declined to 4.93 per cent on October 26, 2007. |
Sep 28 |
Varma Mutual Pension Insurance Company informed YIT on September 28, 2007 that its voting rights and share capital has fallen below one twentieth to 4.82 per cent on September 27, 2007. |
May 04 |
Schroder Investment Management Compliance Limited informed YIT on May 1, 2007 that following a share transaction on December 13, 2006 Schroder Investment Management Compliance Limited's holding of YIT Corporation's number of shares has risen to 5.36 per cent. |
May 03 |
Sampo Life Insurance Company informed YIT that following a share transaction on May 2, 2007 Sampo Life Insurance Company’s holdings of YIT Corporation’s number of shares declined under 5 per cent. |
Jun 23 |
The Tapiola Group informed YIT that the Group's holding in YIT Corporation's voting rights and share capital has fallen below one twentieth to 4.98 per cent on June 22, 2004. The distribution of holdings within the Tapiola Group was as follows: Tapiola General Mutual Insurance Company 3.43%, Tapiola Mutual Life Assurance Company 1.21% and Tapiola Corporate Life Insurance Company Ltd 0.34%. |
May 3 |
Fidelity informed YIT that the holding of shares by Fidelity International Limited and its subsidiaries in YIT Corporation have fallen on April 28, 2004 below one twentieth (4.92 per cent) of YIT Corporation's share capital and voting rights. |
Oct 8 |
The Tapiola Group informed YIT that Tapiola General Mutual Insurance Company's proportion in YIT Corporation's voting rights and share capital has fallen to below 5 per cent to 4.98 per cent on October 7, 2003. The entire Tapiola Group's holdings were 7.10 per cent. The distribution within the Group was as follows: Tapiola General Mutual Insurance Company 4.98%, Tapiola Mutual Life Assurance Company 1.68% and Tapiola Corporate Life Insurance Company Ltd 0.44%. |
Aug 21 |
The Pohjola Group informed YIT that the Group's proportion of YIT Corporation's voting rights and share capital has fallen to below one twentieth to 4.98 per cent on August 20, 2003. The distribution of holdings within the Group was as follows: Pohjola Group plc 1.78%, Pohjola Non-Life Insurance Company 3.13% and A-Insurance Ltd 0.07%. |
Dec 12 |
The Tapiola Group informed YIT that the Group's holding in YIT Corporation's voting rights and share capital has fallen to below 10 per cent to 9.97 per cent on December 5, 2002. The distribution of holdings within the Tapiola Group was as follows: Tapiola General Mutual Insurance Company 7.37%, Tapiola Mutual Life Assurance Company 2.15% and Tapiola Corporate Life Insurance Company Ltd 0.45%. |
Apr 25 |
Tapiola General Mutual Insurance Company informed YIT that its holding in YIT Corporation's voting rights and share capital has fallen to below 10 per cent to 9.59 per cent on February 25, 2002. |
Feb 28 |
Pohjola Non-Life Insurance Company Limited informed YIT that its holding in YIT Corporation's voting rights and share capital has fallen to below one twentieth to 4.16 per cent on February 27, 2002. |
Feb 13 |
The Tapiola Group informed YIT that the Group's holding in YIT Corporation's voting rights and share capital has fallen to below 15 per cent to 13.49 per cent on February 12, 2002. The distribution of holdings within the Tapiola Group was as follows: Tapiola General Mutual Insurance Company 10.12%, Tapiola Mutual Life Assurance Company 2.91% and Tapiola Corporate Life Insurance Company Ltd 0.46%. |
YIT holds 1,485,749 treasury shares.
The Annual General Meeting authorised the Board of Directors to decide on the purchase of company shares as proposed by the Board of Directors. The authorisation covers the purchasing of a maximum of 21,000,000 company shares using the company’s unrestricted equity. The authorisation reverses the authorisation to purchase the company's own shares issued by the Annual General Meeting on 16 March 2023. The authorisation is valid until 30 June 2025.
Stock exchange releases related to the purchase and disposal of treasury shares can be found from here
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Registration Date | Note | New Shares, No. | New Number Of Shares | New Share Capital, EUR |
Feb 1, 2018 | 13) | 83,876,431 | 211,099,853 | 149,716,748.22 |
Apr 29, 2008 | 12) | 5,550 | 127,223,422 | 149,216,748.22 |
Dec 10, 2007 | 11) | 304,654 | 127,217,872 | 149,104,766,72 |
Oct 30, 2007 | 11) | 6,960 | 126,913,618 | 147,150,725.32 |
Aug 20, 2007 | 11) | 7,752 | 126,906,658 | 147,069,883.32 |
Jun 26, 2007 | 11) | 46,246 | 126,898,906 | 146,993,891.32 |
Apr 30, 2007 | 11) | 75,588 | 126,852,660 | 146,688,843.92 |
Mar 30, 2007 | 10) | - | 126,777,072 | 146,210,995.92 |
Dec 7, 2006 | 9) | 1,005,100 | 126,777,072 | 63,388,536 |
Oct 30, 2006 | 9) | 190,016 | 125,771,972 | 62,885,986 |
Aug 18, 2006 | 9) | 38,728 | 125,581,956 | 62,790,978 |
Jun 22, 2006 | 9) | 338,044 | 125,543,228 | 62,771,614 |
Apr 28, 2006 | 9) | 410,480 | 125,205,184 | 62,602,592 |
Mar 24, 2006 | 8) | 62,397,352 | 124,794,704 | 62,397,352 |
Dec 5, 2005 | 7) | 267,078 | 62,397,352 | 62,397,352 |
Aug 19, 2005 | 7) | 131,176 | 62,130,274 | 62,130,274 |
Jun 27, 2005 | 7) | 325,538 | 61,999,098 | 61,999,098 |
May 6, 2005 | 7) | 380,706 | 61,673,560 | 61,673,560 |
Dec 9, 2004 | 6) | 114,134 | 61,292,854 | 61,292,854 |
Aug 23, 2004 | 6) | 18,780 | 61,178,720 | 61,178,720 |
Jun 28, 2004 | 6) | 78,060 | 61,159,940 | 61,159,940 |
May 6, 2004 | 6) | 35,130 | 61,081,880 | 61,081,880 |
Mar 26, 2004 | 5) | 30,523,375 | 61,046,750 | 61,046,750 |
Dec 4, 2003 | 4) | 120,179 | 30,523,375 | 61,046,750 |
Oct 31, 2003 | 4) | 285,350 | 30,403,196 | 60,806,392 |
Aug 21, 2003 | 4) | 311,160 | 30,117,846 | 60,235,692 |
Jun 26, 2003 | 4) | 57,751 | 29,806,686 | 59,613,372 |
May 8, 2003 | 4) | 2,600 | 29,748,935 | 59,497,870 |
Dec 5, 2002 | 4) | 111,250 | 29,746,335 | 59,492,670 |
Aug 26, 2002 | 4) | 1,400 | 29,635,085 | 59,270,170 |
Jun 27, 2002 | 4) | 124,900 | 29,633,685 | 59,267,370 |
May 6, 2002 | 4) | 125,100 | 29,508,785 | 59,017,570 |
Nov 12, 1999 | 3) | 33,523 | 29,383,685 | 58,767,370 |
May 11, 1999 | 3) | 12,500 | 29,350,162 | 58,700,324 |
Mar 12, 1999 | 2) | - | 29,337,662 | 58,675,324 |
Nov 5, 1998 | 1) | 35,000 | 29,337,662 | 49,342,405 |
1) The increase in the share capital in 1998 was connected with the subscriptions made on the basis of the 1994 issue of bonds with warrants.
2) By a resolution of the Annual General Meeting on March 8, 1999, the share capital was raised to EUR 58,675,324 by increasing the nominal value of the share, then at EUR 1.68, to EUR 2.00 through a bonus issue.
3) The other share capital increases in 1999 were connected with the 1994 issue of bonds with warrants. The bonds fell due on November 1, 1999.
4) The share capital increases registered in 2002 and in 2003 were connected with the subscriptions made on the basis of the Series A and Series B share options from 1998.
5) The Annual General Meeting on March 18, 2004 decided to change the nominal value of the share from two euros to one euro, thus doubling the number of the shares to 61,046,750. The share capital was not increased. The change was entered in the Trade Register on March 26, 2004.
6) The increases in the share capital on May 6, 2004, June 28, 2004, August 23, 2004, December 9, 2004 were consequences of share subscriptions made on the basis of the Series C share options from 2002.
7) The increases in the share capital on May 6, 2005, June 27, 2005, August 19, 2005 and December 5, 2005 were consequences of share subscriptions made on the basis of the Series C and Series D share options from 2002.
8) The Annual General Meeting on March 13, 2006 decided to change the nominal value of the share from one euro to 0.5 euro, thus doubling the number of the shares to 124,794,704. The share capital was not increased. The change was entered in the Trade Register on March 24, 2006.
9) The increases in the share capital were consequences of share subscriptions made on the basis of the Series C and Series D share options from 2002 and of the Series of E share options from 2004.
10) YIT Corporation’s Annual General Meeting, held on March 16, 2007, decided to increase the share capital by EUR 82,822,459.92 to EUR 146,210,995.92 by means of a reserve fund transfer, whereby the funds in the share premium reserve, EUR 82,822,459.92, were transferred into the share capital. New shares were not issued when the share capital was increased. The increase was entered in the Trade Register on March 30, 2007.
11) The increases in the share capital were consequences of share subscriptions made on the basis of the Series E and F share options from 2004 and of the Series of K and L hare options from 2006. Departing from prior practices, the subscription price will be used in full to increase the share capital.
12) The increases in the share capital were consequences of share subscriptions made on the basis of the Series of K, L and M share options from 2006. Departing from prior practices, the subscription price will be used in full to increase the share capital.
13) As a result of the merger of YIT and Lemminkäinen on February 1, 2018, Lemminkäinen’s shareholders were given as merger consideration 3.6146 new shares in YIT for each share in Lemminkäinen owned by them, i.e. in total 83,876,431 new shares in YIT. The total number of YIT shares increased to 211,099,853 shares and the share capital was be increased by EUR 500,000 to EUR 149,716,748.22.
The acquisition cost of shares acquired as merger compensation is considered equal to that of pre-merger shares per acquisition. This means that the acquisition cost of YIT shares acquired as merger compensation is determined by the old LMK shares’ acquisition tranches. In terms of volume, the YIT shares acquired as merger compensation should be proportioned to each LMK share acquisition tranche. The acquisition cost for each YIT share is calculated on the basis of the corresponding LMK share acquisition tranche at the time of acquisition. When calculating the acquisition cost of shares acquired as merger compensation, the ratio by which LMK shares were compensated for with YIT shares should be taken into account.
Using an assumed cost of acquisition instead of actual cost will only become relevant when shares are handed over and the resulting profit from assignment is taxed. At such a time, a shareholder may instead of the actual acquisition cost subtract an assumed cost from the sale price (20% or 40% in case the share ownership has lasted for more than 10 years). If actual acquisition cost is used, the taxpayer must themselves present the Tax Administration with the original acquisition cost, on the basis of which the YIT share acquisition cost can be calculated. In practice, it is sensible to use an assumed cost if this results in a taxable profit from assignment that is lower than using the actual and already paid acquisition cost would.
When selling YIT shares acquired as merger compensation, the “first in, first out” principle is applied, meaning that shares are considered as handed over in their order of acquisition. An exception to this rule is made when a shareholder has shares in various book-entry accounts and can indicate from which account the shares have been sold.
YIT's Building Systems business was transferred to Caverion Corporation in a partial demerger of YIT on 30 June 2013 and YIT’s shareholders received Caverion shares as demerger consideration (1:1). Due to the partial demerger the original acquisition cost of YIT shares is divided between YIT and Caverion shares in the Finnish taxation. The acquisition cost depends on the original acquisition date. Determination of the acquisition costs is necessary for the Finnish taxation purposes in order to calculate a capital gain or loss from a sale of shares.
Large Taxpayers’ Office has from their side confirmed to YIT that the original acquisition cost of YIT share is divided between YIT and Caverion shares based on the ratio of net assets.
YIT’s net assets were divided between YIT and Caverion in the partial demerger as follows:
Example: If a shareholder purchased a YIT share before the partial demerger for a price of EUR 15.00, after the partial demerger the acquisition cost of YIT share is EUR 11.61 (77.37%) and Caverion share is EUR 3.39 (22.63%).
The above description of the determination of the acquisition costs is not applicable to non-Finnish resident shareholders. We recommend that shareholders who are tax resident outside Finland will seek advice from their own tax advisors or local tax authorities in order to determine the acquisition costs of the shares for their taxation purposes.
In the Finnish taxation the original acquisition cost of YIT shares is divided between YIT and Caverion shares received as a demerger consideration based either on the ratio of the distribution of net assets of the companies on demerger date or on the ratio of the current values of the shares. The current value ratio is used if the distribution ratio of the net assets materially differs from the current value ratio.
The ratio of the current values of YIT and Caverion shares did not materially differ from the distribution ratio of the net assets. Therefore, the acquisition costs of the shares are determined according to the main rule, i.e. according to the distribution ratio of the net assets.
More information about YIT's major acquisitions and disposals