Electrolux adjusts dividend policy and proposes distribution of SEK 17 per share through share redemption
Following a review of its capital structure, Electrolux today announces an adjusted dividend policy of approximately 50% of annual income, a proposed automatic share redemption of SEK 17 per share and an intention to resolve on share buybacks over time.“Electrolux has during recent years generated strong cash flow through improved profitability and high capital efficiency, despite large investments in strengthening its product and service offering as well as consumer interaction to boost organic growth”, says Staffan Bohman, Chairman of the Board of Directors of AB Electrolux. “The Board