Stora Enso's capital distribution decided
STORA ENSO OYJ STOCK EXCHANGE RELEASE 22 July 2009 at 10.00 GMT
Stora Enso's Annual General Meeting (AGM) on 1 April 2009 approved a proposal by
the Board of Directors that in lieu of a dividend, EUR 0.20 per share of
capital, in total EUR 157 907 699.80, be distributed to the shareholders from
the share premium fund of the parent company following the Finnish National
Board of Patents and Registration's consent to the respective decrease in Stora
Enso's share premium fund.
The Finnish National Board of Patents and Registration has confirmed pursuant to
the provisions of Chapter 14 of the Finnish Companies Act that Stora Enso can
decrease Stora Enso's share premium fund by in total EUR 157 907 699.80. The
schedule for distribution of the funds has now been confirmed as follows:
- ex-date 29 July 2009
- record date 31 July 2009
- payment date 10 August 2009
For further information, please contact:
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242
www.storaenso.com
www.storaenso.com/investors
Stora Enso is the world leader in forest industry sustainability. We offer our
customers solutions based on renewable raw materials. Our products provide a
climate-friendly alternative to many non-renewable materials, and have a smaller
carbon footprint. Stora Enso is included in the Global 100 list of the world's
most sustainable companies. Stora Enso is also listed in the Dow Jones
Sustainability Index, the FTSE4Good Index, and the Climate Disclosure Leadership
Index. Stora Enso employs 29 000 people worldwide, and our sales in 2008
amounted to EUR 11.0 billion.
STORA ENSO OYJ
Jari Suvanto Ulla Paajanen-Sainio