Redemption of shares 2007
The AGM 2007 resolved, in accordance with the proposal of the Board of Directors and the Managing Director, that the shareholders shall receive a dividend of SEK 7.50 per share. The record date is 2 May 2007 and payment is expected to be made on 7 May 2007.
The AGM also resolved, in accordance with the proposal of the Board, to carry out a redemption procedure. The decision essentially entails the following:
Each share will be split into ten shares (10-for-1 split) of which five shares will be designated as redemption shares and will be redeemed for a cash price of SEK 8.50.
Share split and redemption of shares in brief
Each Sweco share will be divided into ten shares (10-for-1 split), of which
five shares will be redeemed for a redemption amount of SEK 8.50.
The redemption procedure will be automatic, i.e. no action is required on the
part of the shareholder.
The record date for the share split and right to redemption shares is 10 May
2007 and payment of the redemption amount will be made around 7 June
Redemption broshure (pdf)