No extra dividend for 2019
The Board of Directors of BillerudKorsnäs has decided not to submit a proposal for an extra dividend for 2019.
On 25 March 2020, it was announced that the Board of Directors of BillerudKorsnäs had decided to withdraw the previously proposed extra dividend for 2019. At the same time, it was announced that the Board of Directors had the ambition to summon the shareholders to an extraordinary general meeting later during the year to resolve on an extra dividend provided that the uncertainty had decreased and the visibility in the market had improved.
The Board of Directors of BillerudKorsnäs has now made the assessment that the uncertainty remains high and the visibility in the market is still limited. Thus, the Board of Directors has decided not to summon the shareholders to an extraordinary general meeting during 2020 to resolve on an extra dividend.
The Board of Directors’ dividend proposal for the current year will as customary be submitted in connection with the publication of the year-end report for 2020.
For further information, please contact:
Ivar Vatne, CFO, +46 8 553 335 07
Lena Schattauer, Head of Investor Relations, +46 8 553 335 10
This information constituted inside information prior to publication. This is information that BillerudKorsnäs AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 16.45 CET on 10 September 2020.