Sandvik shareholders decided to distribute and list Alleima
The Sandvik AB Annual General Meeting on April 27 decided, in accordance with the Board of Directors’ proposal, to distribute all shares in the wholly owned subsidiary Alleima (former business area Sandvik Materials Technology) to the shareholders of Sandvik. The Sandvik Board of Directors was authorized to determine the record date for the distribution, expected to be August 29, 2022. The first day of trading in the Alleima shares is expected to be August 31, 2022, on Nasdaq Stockholm. “We are very pleased with the decision by Sandvik’s shareholders. We now very much look forward