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Essity aims to provide long-term stable and rising dividends to its shareholders.
When cash flow from current operations exceeds what the company can invest in profitable expansion over the long term, and under the condition that the capital structure target is met, the surplus shall be distributed to the shareholders.
The 2020 Annual General Meeting resolved in accordance with the Board of Director’s proposal to refrain from dividend for 2019.
The Board of Directors has announced that it intends to revisit the issue of a dividend later in the year once a better overview has been obtained regarding the effects of the Covid-19 epidemic.
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