Whirlpool: Terminating the 29.99 million US dollar external investment related transactions of its wholly-owned subsidiary.

date
16/06/2026
Whirlpool announced that its wholly-owned subsidiary, Whirlpool Home Appliances, had originally planned to subscribe for 434,782 shares of common stock of Whirlpool Group for a total of $29.999 million. Due to the inability to meet the corresponding conditions stipulated in the "Common Stock Purchase Agreement," Whirlpool Home Appliances intends to terminate the transaction. On June 16, the Independent Directors' Meeting, the Board of Directors' Strategic Committee, and the Third Interim Board Meeting of 2026 all approved the termination proposal, which does not require shareholder approval. The termination of the transaction will not harm the interests of shareholders, nor will it have any adverse effects on the company's finances and operations.