Header - hero image Report by the Board of Directors
Annual
report
2024
Report by the Board of Directors 2024

Share and Share Capital

The shares of Bittium Corporation are quoted on Nasdaq Helsinki. The Company has one series of shares. All shares entitle their holders to dividends of equal value. Each share has one vote. The share does not have a nominal value. The Company’s shares have been entered into the Euroclear Finland Ltd.’s book-entry securities system.

On December 31, 2024, the fully paid share capital of the Company entered into the Finnish Trade Register was EUR 12,941,270.00, and the total number of the shares was 35,702,264. The accounting par value of the Company’s share is EUR 0.10.

On December 31, 2024, the Company had 216,146 own shares in its possession, representing 0.61 percent of all Bittium Corporation shares.

At the end of December 2024, Bittium Corporation had 22,853 shareholders. The ten largest shareholders owned 27.8 percent of the shares. Private ownership was 69.2 percent. The percentage of foreign and nominee-registered shareholders’ ownership was 5.6 percent.

Market Values of Shares

Market Values of Shares (EUR)1-12/2024
12 months
1–12/2023
12 months
Highest9.305.20
Lowest4.223.31
Average6.554.22
At the end of period6.364.81
  
Market value of the stock (MEUR)225.69170.69
Trading value of shares (MEUR)40.117.0
Number of shares traded (1,000 pcs)6,1194,021
Related to average number of shares, %17.211.3

Breakdown of Shares by Shareholding, December 31, 2024

Number of sharesNumber of shareholdersPercentage of shareholdersNumber of sharesPercentage of shares and votes
1 – 10011,16448.9464,3931.3
101 – 5006,77929.71,770,7665.0
501 – 10002,1159.31,653,6284.6
1001 – 50002,0729.14,677,27813.1
5001 – 100003441.52,497,0847.0
10001 – 500003111.46,370,20117.8
50001 – 100000330.12,217,1076.2
100001 – 500000250.15,670,80015.9
500001 – 999999999999100.010,381,00729.1
Total22,853100.035,702,264100.0
nominee-registered81,358,1823.8

Breakdown of Shareholders by Shareholder Type, December 31, 2024

Shareholders by shareholder typeNumber of shareholdersPercentage of shareholdersNumber of sharesPercentage of shares and votes
Non-financial corporations4942.24,251,56411.9
Financial and insurance corporations240.12,013,6305.6
General government50.03,173,5378.9
Non-profit institutions290.1115,6110.3
Households22,21097.224,727,50369.3
Foreign owners830.462,2370.2
Nominee-registered shares80.01,358,1823.8
Total22,853100.035,702,264100.0

Major Shareholders, December 31, 2024

Major Shareholders, December 31, 2024Number of sharesPercentage of shares and votes
Number of shares total35,702,264100.0
1.  Veikkolainen Erkki, Chairman of the Board1,825,2435.1
2. Ponato Oy1,501,3004.2
3. Hulkko Juha1,419,3704.0
4. Varma Mutual Pension Insurance Company1,365,9343.8
5. Ilmarinen Mutual Pension Insurance Company1,296,5293.6
6. Hildén Kai658,0001.8
7. Fondita Nordic Micro Cap investment fund517,2181.4
8. Elo Mutual Pension Insurance Company503,0001.4
9. Hirvilammi Hannu432,7631.2
10. Aktia Nordic Micro Cap investment fund410,3891.1
Total9,929,74627.8
Others (incl. nominee-registered shares)25,772,51872.2
The Board and CEO
Veikkolainen Erkki, Chairman of the Board1,825,2435.1
Kemppainen Pekka, Member of the Board10,1150.0
Paloranta Veli-Pekka, Member of the Board10,3510.0
Tiuraniemi Riitta, Member of the Board21,0810.1
Toljamo Petri, Member of the Board27,9650.1
Jyväsjärvi Raimo, Member of the Board1,7890.0
Westermarck Johan, CEO71,8540.2
Total1,968,3985.5