NCC’s Board of Directors proposes a dividend of SEK 2.50 per share

The Board of Directors of NCC AB proposes a dividend of SEK 2.50 per share for the 2019 fiscal year. The Board will therefor summon shareholders to an Extra General Meeting on November 12, 2020. The proposal is put forth after the Board, in accordance with previous communication, has made a renewed assessment of the effects of the Corona pandemic and NCC’s financial position.

The initial dividend proposal was SEK 5.00 per share, divided in two payments. In March, the Board revised its proposal as a result of the then increasing uncertainty in society following the Corona pandemic, and the Annual General Meeting eventually resolved on no dividend.

The Board’s overall assessment per today is that the risk in society has diminished compared with this spring, even if some risk still remains.

- The Board considers the conditions right to move on and propose a dividend for 2019. NCC has to date experienced limited marginal effects from the Corona pandemic and the company has a strong financial position, says Alf Göransson, chairman of the Board of Directors of NCC.

An invitation to an Extra General Meeting on November 12 will be sent out separately.

For additional information, please contact:
Maria Grimberg, SVP Communications, NCC, +46 (0)708 96 12 88
NCC’s media line: +46 8 585 519 00, E-mail: press@ncc.se, NCC’s Mediabank

This is the type of information that NCC AB is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on September 30, 2020 at 13.00 CEST.

About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of SEK 58 billion and 15,500 employees in 2019. The NCC share is listed on Nasdaq Stockholm.