The Board of Directors of AVTECH Sweden AB proposes a dividend of SEK 0.10 per share, corresponding to approximately MSEK 5.6, and will shortly convene to an Annual General Meeting for resolution. The Annual General Meeting will be held on Wednesday, May 15, 2023.
” The Board of Directors of AVTECH has decided to propose a dividend. Through continuous positive earnings and good financial strength, the Board of Directors proposes a dividend of SEK 0.10 per share for the upcoming Annual General Meeting. Even after the dividend, we have a good financial liquidity and will be able to continue to invest in the business to further strengthen our position," says Chairman of the Board Ingvar Zöögling.
If the Annual General Meeting resolves on a dividend in accordance with the Board of Directors' proposal, the first day of trading excluding the right to dividend will be Thursday, May 16, 2024. The record date for the right to receive dividend is proposed to be Friday, May 17, 2024. Provided that the Annual General Meeting approves the Board of Directors' proposal, the dividend is expected to be distributed on Thursday 23 May 2024 from Euroclear Sweden AB.