Dividend policy

The administrator of the corporate restructuring proceedings of Componenta Corporation has filed the draft restructuring programme to the District Court of Helsinki on 30 March 2017. If the restructuring programme will be approved, the company has no right to pay dividend between an approval and a termination of the restructuring programme (Restructuring of Enterprices Act 58 §).

Componenta’s Annual General Meeting on 5 May 2017 resolved that the company’s losses will be covered by reducing share capital, the share premium reserve and the reserve fund. Covering losses with share capital, the share premium reserve and the reserve fund results in a three-year restriction of distributions to shareholders. Under this restriction, the company may not during a three-year period following the registration of the decrease in the share capital distribute unrestricted equity without complying with the procedure for protection of creditors provided for in Chapter 14, Sections 3-5 of the Limited Liability Companies Act.

Year Dividend per share, EUR
2016 0.00
2015 0.00
2014 0.00
2013 0.00
2012 0.00
2011 0.00
2010 0.00
2009 0.00
2008 0.30
2007 0.50
2006 0.25
2005 0.00
2004 0.50
2003 0.00
2002 0.10
2001 0.15
2000 0.15
1999 0.15
1998 0.29