Treasury Shares Cancellation
GRK Infra Oyj’s Board of Directors has resolved to cancel all treasury shares held by the company. The cancellation removes 2.31 million shares, which represented 5.34 % of the total number of shares outstanding before the operation. After the cancellation, the company will have 40.70 million shares outstanding.
The decision was announced in a press release on 27 November 2025 and is expected to be reflected in the company’s share register within the same day. No change to the company’s capital structure or balance‑sheet figures is anticipated.
Agreement on the First Phase of the Vantaa Tramway
On 26 November 2025, GRK Infra Oyj, together with Kreate, signed an agreement with the City of Vantaa for the first implementation phase of the eastern section of the Vantaa tramway.
Key Terms
| Item | Detail |
|---|---|
| Project value | EUR 45 million added to the company’s order backlog |
| Total estimated cost | Approximately EUR 750 million for the entire tramway |
| Construction volume of the eastern section alliance | EUR 280 million, split equally between GRK and Kreate |
| Consortium partners | GRK Infra, Kreate, Afry Finland, Sweco Finland, and WSP Finland |
The agreement marks a significant addition to GRK Infra’s infrastructure portfolio, reinforcing its presence in rail and tramway construction in Finland. The project is expected to generate further revenue streams and strengthen the company’s position in the regional infrastructure market.
Market Context
- Share price (25 Nov 2025): EUR 12.90
- 52‑week high: EUR 15.37
- 52‑week low: EUR 9.05
- Market capitalisation: EUR 528.5 million
- Price‑earnings ratio: 13.87
GRK Infra Oyj trades on the NASDAQ OMX Helsinki exchange and serves state administration, municipalities, cities, and private sector clients across Finland, Sweden, and Estonia. The company’s activities include civil engineering, railway construction, road and bridge works, and recycling services.
