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Elekta's Board of Directors proposes additional dividend of SEK 0.90 per share

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The Board of Directors of Elekta has proposed an additional dividend of SEK 0.90 per share for the fiscal year 2019/20, totaling approximately SEK 344 million. This proposal aims to align the total dividend with the previous year's level, contributing to a total dividend of SEK 1.80 per share. The Board will call for an Extraordinary General Meeting in April 2021 to finalize the decision. This decision comes amid assessments of the general economic outlook and the impact of Covid-19.

Positive
  • Proposal for an additional dividend of SEK 0.90 per share enhances shareholder income.
  • Total projected dividend of SEK 1.80 per share reflects strong net profit distribution.
Negative
  • None.

STOCKHOLM, March 11, 2021 /PRNewswire/ -- The Board of Directors of Elekta (EKTA-B.ST) proposes an extra dividend for the fiscal year 2019/20.

According to the communication in connection with the ordinary dividend, the Board announced that Elekta may propose an additional dividend so that the total dividend for the fiscal year 2019/20 is in line with the previous annual level. The proposal is based on the Board's assessment of the conditions in the form of the general economic outlook and the development of Covid-19.

The Board proposes an extra dividend of SEK 0.90 per share, which corresponds to approximately SEK 344 million. Together with the ordinary dividend, which was paid in September, the total dividend for the fiscal year 2019/20 would amount to SEK 1.80 per share, corresponding to SEK 688 M (688) and 64 (57) percent of the year's net profit.

The Board intends to call the shareholders to an Extraordinary General Meeting in April 2021 for a decision on the additional dividend.

* Figures in parentheses refer to the dividend for the fiscal year 2018/19.

For further information, please contact:
Cecilia Ketels, Head of Investor Relations
Tel: +46 76 611 76 25, e-mail: cecilia.ketels@elekta.com
Time zone: CET (Central European Time)

Mattias Thorsson, Head of Corporate Communications and Public Affairs
Tel: +46 70 865 8012, e-mail: Mattias.Thorsson@elekta.com  
Time zone: CET: Central European Time

This is information that Elekta AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication at 16:15 CET on March 11, 2021. (REGMAR)

About Elekta

For almost five decades, Elekta has been a leader in precision radiation medicine. Our more than 4,000 employees worldwide are committed to ensuring everyone in the world with cancer has access to - and benefits from - more precise, personalized radiotherapy treatments. Headquartered in Stockholm, Sweden, Elekta is listed on NASDAQ Stockholm Exchange. Visit elekta.com or follow @Elekta on Twitter.

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SOURCE Elekta

FAQ

What is the proposed additional dividend amount by Elekta for fiscal year 2019/20?

Elekta has proposed an additional dividend of SEK 0.90 per share.

When will Elekta hold an Extraordinary General Meeting regarding the additional dividend?

Elekta will hold the Extraordinary General Meeting in April 2021.

What is the total dividend amount for Elekta for fiscal year 2019/20 including the proposed additional dividend?

The total dividend for the fiscal year 2019/20 would amount to SEK 1.80 per share.

What factors influenced Elekta's decision to propose an additional dividend?

The decision was based on an assessment of the general economic outlook and the development of Covid-19.

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