Extraordinary General Meeting adopts resolutions for payment of SEK 3 billion to shareholders through redemption of shar
Extraordinary General Meeting adopts resolutions for payment of SEK 3 billion to shareholders through redemption of shares (ELUX) On April 21, 2004 the Annual General Meeting of AB Electrolux resolved to implement a share redemption offer involving a right for the shareholders in Electrolux to have their shares in the company redeemed against cash payment of SEK 200 per share. During the application period, 15,179,692 shares in Electrolux were tendered for redemption, corresponding to a value of approximately SEK 3 billion. In accordance with the proposal of the Board of Directors, the