Board proposes automatic share redemption procedure
Boliden has generated substantial cash flows over the past year, and the financial position is strong. The balance sheet is stronger than Boliden’s target of around 20 percent debt during an economic upturn. The goal has been specified to include net reclamation liability. The Board of Directors intends, therefore, to propose that the AGM approve an extra dividend payment of SEK 4.25 per share by means of an automatic share redemption procedure.The Board of Directors’ proposal, which will jeopardise neither Boliden’s ability to handle any deterioration in market terms nor to finance