Extraordinary general meeting of LKAB – decision on new financial targets
LKAB’s owner, the Swedish state, adopted new financial targets for the company at an extraordinary general meeting held on 27 October 2021.LKAB’s financial targets relate to profitability, capital structure and dividend policy. Previous targets, which were adopted at the company’s Annual General Meeting in 2017, have been revised in the light of LKAB’s new strategy. LKAB is facing the greatest transformation in the company’s 130-year history and one of Sweden’s biggest industrial investments ever. The new Group strategy sets out three main trails for the transformation: • New