New dividend policy for Mekonomen AB
At the meeting of the Board of Directors on 14 February, the Board of Mekonomen AB approved a new dividend policy, which will entail the distribution of not less than 50 per cent of earnings after tax. The previous policy provided for a dividend of 30-40 per cent of earnings after tax.
In terms of the dividend for the 2006 fiscal year, the Board proposes that the Annual General Meeting approve an ordinary dividend of SEK 3.00 (1.15) and an extra dividend of SEK 7.00 (2.10), totaling SEK 10.00 (3.25)
The reason for the additional dividend is Mekonomen’s strong financial position, with an equity/assets ratio of 58.0 per cent.
For further information, please contact:
Roger Gehrman, President, Mekonomen AB, tel 08-464 00 47 or
Håkan Lundstedt, President-Designate, Mekonomen AB, tel 08-464 00 10
Mekonomen AB (publ), org. nr 556392-1971
Box 6077, 141 06 Kungens Kurva.
Telephone: +46 (0)8-464 00 00, Fax: +46 (0)8-464 00 66