Semcon’s Board of Directors proposes dividend

The Board of Directors of Semcon AB (publ) has decided to propose to distribute a dividend of SEK 3 per share to the shareholders. The proposal will be presented for resolution at an Extraordinary General Meeting that will be held on 2 July 2021.

As was announced in Semcon’s Year-end report for the full year 2020, the Board intended to consider the issue of dividend payment after the end of May. In line with the Board’s proposal, the Annual General Meeting on 29 April 2021 resolved that no dividend was paid to shareholders. Thereafter, the Board has again evaluated the Group's development, including the Group's financial results and position and the general market outlook. In an overall assessment, the Board has decided to propose that a dividend of SEK 3 per share be paid out. The proposed dividend constitutes 53 per cent of 2020 earnings per share after dilution.

A notice to attend the Extraordinary General Meeting will be published within short.

This information is information that Semcon AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person below at 11.00 a.m. CEST on 1 June 2021.

 

For more information, please contact:

Björn Strömberg, CFO
Tel: +46 (0) 70-835 44 80
Email: bjorn.stromberg@semcon.com

Semcon is an international technology company. We turn technology into excellent user experiences by combining digital edge and engineering expertise. With diverse multi-disciplinary teams we add new perspectives creating sustainable and competitive businesses. Regardless if you aim to recharge a current product or service, reinvent new technology or reimagine future needs, our focus is always on human needs and behaviour in order to develop solutions with the clearest benefits to people and our planet. By combining our 40 years of advanced engineering, strategic innovation, digital services and product information solutions, we drive transformation in a wide range of industries with more than 2,000 dedicated employees based in seven different countries. Read more on semcon.com