Ahlstrom-Munksjö Oyj’s new dividend policy and proposal regarding return of equity
AHLSTROM-MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE April 6, 2017 at 17.15 CEST
Helsinki, Finland
Ahlstrom-Munksjö Oyj’s new dividend policy and proposal regarding return of equity
The Board of Directors of Ahlstrom-Munksjö Oyj has today resolved on a new dividend policy. According to the new dividend policy, Ahlstrom-Munksjö aims to distribute a stable, over time increasing dividend, to be paid biannually.
Further, to facilitate the transition to biannual distribution of funds, the Board of Directors will propose to the Annual General Meeting to be held on May 16, 2017 that it resolves on the payment of funds from the reserve for invested unrestricted equity as return of equity in the amount of EUR 0.23 per share, which would be paid in September 2017. The notice to convene the Annual General Meeting, which contains said proposal on the payment of funds, will be published separately by the Board of Directors.
Ahlstrom-Munksjö Oyj
For further information, please contact
Juho Erkheikki, Investor and Media Relations Manager, tel. +358 50 413 45 83, juho.erkheikki@ahlstrom-munksjo.com
Ahlstrom-Munksjö in brief
Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to customers worldwide. Our offerings include decor paper, filter media, release liners, abrasive backings, nonwovens, electrotechnical paper, glass fiber materials, food packaging and labeling, tape, medical fiber materials and solutions for diagnostics. Combined annual net sales are about EUR 2.2 billion and we employ 6,200 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. The company was formed on April 1, 2017 through the merger of Ahlstrom Corporation and Munksjö Oyj. Read more at www.ahlstrom-munksjo.com.