Holmen’s AGM, held on Monday 27 March, resolved in favour of paying a dividend of SEK 12.00 per share for the 2016 financial year, which is an increase of 1.50 SEK per share compared to the preceding year. 

The AGM re-elected Fredrik Lundberg, Carl Bennet, Lars Josefsson, Lars G. Josefsson, Carl Kempe, Louise Lindh, Ulf Lundahl, Henrik Sjölund and Henriette Zeuchner. Fredrik Lundberg was re-elected Chairman of the Board.

KPMG AB was re-elected as company auditors. Joakim Thilstedt, authorised public accountant, has been appointed principal auditor.

The AGM resolved in favour of mandating the Board for the period until the next AGM to make decisions to buy back the company’s own shares via the stock market. Acquisitions may be made of up to so many Class B shares that the company’s own shareholding does not exceed 10 per cent of all shares in the company at any time. The Board was also mandated to make decisions to use bought-back shares as settlement for acquisitions or to finance such acquisitions. The 2016 AGM gave the Board a corresponding mandate.

Excerpt from President and CEO Henrik Sjölund's speech to the AGM:

“Holmen is a company with its own forest and profitable industries, with forest and hydro power accounting for two-thirds of its assets. Together with large-scale production of paperboard, paper and wood products in well invested plants, this provides stable profitability that will increase over time. At the same time, our business brings substantial climate benefits, as it reduces the amount of carbon dioxide in the atmosphere by over two million tonnes per year.”

The address to the AGM by Henrik Sjölund, President and CEO, is available on our website www.holmen.com

For more information, please contact:
Ingela Carlsson, Communications Director, Holmen, tel. 46 702 12 97 12

This information is information that Holmen AB 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, on 27 March 2017 at 17.20 CET.