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UPM sets October 31 for separation of plywood business into WISA Group

PUBT·10/28/2026 11:01:17
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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.