Sandvik's Annual General Meeting 2025
Sandvik held its Annual General Meeting 2025 in Sandviken, Sweden, where CEO Stefan Widing highlighted the company's continued transformation into a more resilient and agile organization. The meeting approved key decisions including:
A dividend of SEK 5.75 per share, payable on May 7, 2025. The Board re-elected Johan Molin as Chairman, along with seven other board members. Shareholders approved fees for board positions, with the Chairman receiving SEK 3,125,000.
The meeting approved a long-term incentive program (LTI 2025) for about 350 senior executives, secured through a share swap agreement, with estimated costs between SEK 387-394 million. The Board received authorization to acquire up to 10% of company shares.
Notable achievements included the Wilhelm Haglund Medal awarded for the innovative CoroCut® 2 development, and the Sustainability Award for a collaboration between Vericut and Seco that reduces environmental impact in machining.
Sandvik ha tenuto la sua Assemblea Generale Annuale 2025 a Sandviken, Svezia, dove l'Amministratore Delegato Stefan Widing ha evidenziato la continua trasformazione dell'azienda verso un'organizzazione più resiliente e agile. Durante l'assemblea sono state approvate decisioni chiave, tra cui:
Un dividendo di 5,75 SEK per azione, pagabile il 7 maggio 2025. Il Consiglio ha rieletto Johan Molin come Presidente, insieme ad altri sette membri del consiglio. Gli azionisti hanno approvato le remunerazioni per le cariche nel consiglio, con il Presidente che riceverà 3.125.000 SEK.
L'assemblea ha approvato un programma di incentivi a lungo termine (LTI 2025) per circa 350 dirigenti senior, garantito tramite un accordo di scambio azionario, con costi stimati tra 387 e 394 milioni di SEK. Il Consiglio ha ricevuto l'autorizzazione ad acquisire fino al 10% delle azioni della società.
Tra i risultati rilevanti, la Medaglia Wilhelm Haglund è stata assegnata per lo sviluppo innovativo del CoroCut® 2, mentre il Premio per la Sostenibilità è stato conferito alla collaborazione tra Vericut e Seco che riduce l'impatto ambientale nelle lavorazioni meccaniche.
Sandvik celebró su Junta General Anual 2025 en Sandviken, Suecia, donde el CEO Stefan Widing destacó la continua transformación de la empresa hacia una organización más resiliente y ágil. En la reunión se aprobaron decisiones clave, incluyendo:
Un dividendo de 5,75 SEK por acción, pagadero el 7 de mayo de 2025. La Junta reeligió a Johan Molin como Presidente, junto con otros siete miembros del consejo. Los accionistas aprobaron las remuneraciones para los cargos del consejo, con el Presidente recibiendo 3.125.000 SEK.
La reunión aprobó un programa de incentivos a largo plazo (LTI 2025) para aproximadamente 350 altos ejecutivos, asegurado mediante un acuerdo de intercambio de acciones, con costos estimados entre 387 y 394 millones de SEK. La Junta recibió autorización para adquirir hasta el 10% de las acciones de la compañía.
Entre los logros destacados, se otorgó la Medalla Wilhelm Haglund por el desarrollo innovador del CoroCut® 2, y el Premio a la Sostenibilidad por la colaboración entre Vericut y Seco que reduce el impacto ambiental en el mecanizado.
샌드빅(Sandvik)은 2025년 연례 주주총회를 스웨덴 산드비켄에서 개최했으며, CEO 스테판 위딩(Stefan Widing)은 회사가 더욱 탄력적이고 민첩한 조직으로 지속적으로 변화하고 있음을 강조했습니다. 회의에서는 다음과 같은 주요 결정들이 승인되었습니다:
주당 5.75 SEK의 배당금이 2025년 5월 7일에 지급됩니다. 이사회는 요한 몰린(Johan Molin)을 의장으로 재선임했으며, 다른 7명의 이사진도 함께 선임되었습니다. 주주들은 이사회 보수안을 승인했으며, 의장은 3,125,000 SEK를 받게 됩니다.
회의에서는 약 350명의 고위 임원을 위한 장기 인센티브 프로그램(LTI 2025)을 승인했으며, 이는 주식 교환 계약을 통해 확보되었고 추정 비용은 3억 8,700만에서 3억 9,400만 SEK 사이입니다. 이사회는 회사 주식의 최대 10%까지 취득할 권한을 받았습니다.
주요 성과로는 혁신적인 CoroCut® 2 개발에 대한 Wilhelm Haglund 메달 수여와, Vericut과 Seco 간 협력을 통한 가공 환경 영향 저감에 기여한 지속 가능성 상 수상이 포함됩니다.
Sandvik a tenu son Assemblée Générale Annuelle 2025 à Sandviken, en Suède, où le PDG Stefan Widing a souligné la transformation continue de l'entreprise vers une organisation plus résiliente et agile. Lors de la réunion, des décisions clés ont été approuvées, notamment :
Un dividende de 5,75 SEK par action, payable le 7 mai 2025. Le Conseil d'administration a réélu Johan Molin en tant que président, ainsi que sept autres membres du conseil. Les actionnaires ont approuvé les rémunérations pour les postes au conseil, le président recevant 3 125 000 SEK.
La réunion a approuvé un programme d'incitation à long terme (LTI 2025) pour environ 350 cadres supérieurs, garanti par un accord d'échange d'actions, avec des coûts estimés entre 387 et 394 millions de SEK. Le Conseil a reçu l'autorisation d'acquérir jusqu'à 10 % des actions de la société.
Parmi les réalisations notables, la médaille Wilhelm Haglund a été décernée pour le développement innovant du CoroCut® 2, et le Prix de la Durabilité pour une collaboration entre Vericut et Seco qui réduit l'impact environnemental dans l'usinage.
Sandvik hielt seine Hauptversammlung 2025 in Sandviken, Schweden, ab, bei der CEO Stefan Widing die fortlaufende Transformation des Unternehmens zu einer widerstandsfähigeren und agileren Organisation hervorhob. Auf der Versammlung wurden wichtige Entscheidungen getroffen, darunter:
Eine Dividende von 5,75 SEK pro Aktie, zahlbar am 7. Mai 2025. Der Vorstand wählte Johan Molin erneut zum Vorsitzenden sowie sieben weitere Vorstandsmitglieder. Die Aktionäre genehmigten die Vergütungen für Vorstandspositionen, wobei der Vorsitzende 3.125.000 SEK erhält.
Die Versammlung genehmigte ein langfristiges Anreizprogramm (LTI 2025) für etwa 350 Führungskräfte, abgesichert durch eine Aktientauschvereinbarung, mit geschätzten Kosten zwischen 387 und 394 Millionen SEK. Der Vorstand erhielt die Ermächtigung, bis zu 10 % der Unternehmensanteile zu erwerben.
Bemerkenswerte Erfolge waren die Verleihung der Wilhelm-Haglund-Medaille für die innovative Entwicklung von CoroCut® 2 sowie der Nachhaltigkeitspreis für eine Zusammenarbeit zwischen Vericut und Seco, die die Umweltbelastung bei der Bearbeitung reduziert.
- Company continued transformation into more resilient and agile organization with improved long-term growth potential
- Board approved dividend of SEK 5.75 per share, demonstrating financial stability
- Innovation success with CoroCut® 2 product launch showing improved tool life and customer productivity
- New Vericut® Optimizer solution reduces manufacturing costs through lower energy consumption and tool wear
- None.
Sandvik's President and CEO Stefan Widing covered the operations and results for 2024 in his speech.
"During 2024, we continued to build a stronger Sandvik, and this year's results show that our transformation into a more resilient and agile company with improved potential for long-term growth continues to yield returns," said Stefan Widing.
"The Board appreciates the professional and dedicated work carried out by all Sandvik employees every day. With the strong innovative drive and continuous development capabilities that exist within Sandvik, I have a very positive view of the Group's future opportunities," said Chairman of the Board Johan Molin.
Adoption of the profit and loss accounts and balance sheets
The General Meeting adopted the profit and loss account and balance sheet for the parent company as well as the consolidated profit and loss account and consolidated balance sheet for 2024. The Board members and the President were discharged from liability for the financial year 2024.
Dividend
The General Meeting resolved pursuant to the Board's proposal on a dividend of SEK 5.75 per share. The record day for payment of the dividend was set at Friday, May 2, 2025. The dividend is expected to be paid by Euroclear on Wednesday, May 7, 2025.
Board of Directors
The General Meeting decided pursuant to the Nomination Committee's proposal to re-elect Board members Claes Boustedt, Marika Fredriksson, Johan Molin, Andreas Nordbrandt, Susanna Schneeberger, Helena Stjernholm, Stefan Widing and Kai Wärn. Johan Molin was re-elected Chairman of the Board.
The employee unions have appointed Fredrik Håf and Thomas Lilja as members of the Board and Carl-Åke Jansson and Jessica Smedjegård as deputy members.
Fees to the Board
The General Meeting resolved pursuant to the Nomination Committee's proposal on fees to the Board, distributed as follows: SEK 3,125,000 to the Chairman of the Board, SEK 830,000 to each other Board member not employed by the Company, SEK 370,000 to the Chairman of the Audit Committee, SEK 210,000 to each other member of the Audit Committee, SEK 175,000 to the Chairman of the Remuneration Committee, SEK 138,000 to each other member of the Remuneration Committee, SEK 237,000 to the Chairman of the Acquisitions and Divestitures Committee and SEK 175,000 to each other member of the Acquisitions and Divestitures Committee.
Auditor
The General Meeting resolved pursuant to the Nomination Committee's proposal to elect Öhrlings PricewaterhouseCoopers AB as auditor for the period until the end of the 2026 Annual General Meeting.
Remuneration report
The General Meeting resolved to approve the Board of Directors' remuneration report for 2024.
Long-term incentive program (LTI 2025)
The General Meeting approved the Board's proposal on a long-term incentive program in the form of a performance share program for about 350 senior executives and key employees in the Group (LTI 2025).
Participation requires that an investment in Sandvik shares be made. Each acquired Sandvik share entitles the participant to be allotted, after a period of three years, a certain number of Sandvik shares free of charge, provided that certain performance targets with respect to earnings per share are met. The program is based on substantially the same terms and conditions as the 2014–2024 incentive programs.
LTI 2025 comprises up to 1.9 million shares. The delivery of these shares will be secured through a share swap agreement with a third party. The total cost of LTI 2025 is estimated at up to
Authorization on acquisition of the Company's own shares
The General Meeting approved the Board's proposal to authorize the Board to, for the period until the 2026 Annual General Meeting, resolve on acquisitions of the Company's own shares, however no more than 10 per cent of the total number of shares in the Company.
Shareholder proposal
The General Meeting resolved to reject the shareholder proposal that the Company should contribute to the cost of saving Edske Masugn.
Wilhelm Haglund Medal and the Sigrid Göransson Sustainability Award
Claes Andersson, Gunnar Jansson, Erik Glans and Carl-Fredrik Carlström (Sandvik Manufacturing and Machining Solutions) were awarded the "Wilhelm Haglund Medal for the Product Developer of the Year" for the re-engineered parting and grooving concept, CoroCut® 2. The new CoroCut® is based on a number of innovations that, among other benefits, provide a tougher and more wear-resistant grade, which leads to increased tool life and improved productivity for the customer.
Jodie Cosby, Scott Ravenscroft, David Magnall and Luke Manders (Sandvik Manufacturing and Machining Solutions) were awarded "The Sandvik Sustainability Award in Memory of Sigrid Göransson" for a collaboration between Vericut and Seco, and its significant contribution to reducing environmental impact in machining. By optimizing numerical control (NC) programs using Vericut® Optimizer, manufacturers can reduce cycle times, energy consumption, and tool wear, and the solution has delivered impressive test results.
Sandvik AB
CONTACT:
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SOURCE Sandvik
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