Gränges withdraws the dividend proposal, postpones the Annual General Meeting and takes measures to reduce the impact of the coronavirus outbreak
The outbreak of the coronavirus, Covid-19, and the extraordinary measures and recommendations that authorities and governments have taken to reduce the spread of infection, have significantly affected market conditions and operating conditions on the markets where Gränges operates. Gränges withdraws the dividend proposalAs a result, Gränges’ Board of Directors has decided to withdraw the previously communicated proposal to the Annual General Meeting (AGM) 2020 for a dividend of SEK 3.40 per share. The Board’s decision has been made in the light of the prevailing global climate,