• Skip to main content
  • Go to main navigation
  • Go to language selector
SearchFree text

Swedish Match
  • svenska
Close
  • Swedish Match websites

    • Image Bank
    • Swedish Match Brasil
    • Swedish Match Industries
    • Snus and Match Museum
  • Brand websites

    Smokefree

    • Swedish Match e-commerce service (SE)
    • General (US)
    • Longhorn (US)
    • Pinkerton Tobacco
    • Niqo Co.

    Lights

    • Cricket
    • Nitedals
    • Redheads
  • Other

    • Swedish Match Denmark
    • Swedish Match Norway
    • The Solstickan Foundation (SE)
  • Home
  • Our company More Less

    Our company

    • About us
    • Markets More Less
      • Our product categories and markets
    • Company history More Less
      • Svenska Tobaks AB
      • Svenska Tändsticks AB
      • Swedish Match AB
    • Corporate Governance More Less
      • Articles of association
      • AGM minutes
  • Our business More Less

    Our business

    • Smokefree More Less
      • Nicotine products and regulations
      • History of snus
      • Snus production
    • Cigars More Less
      • History of cigars
    • Lights
  • Sustainability More Less

    Sustainability

    • Strategy and approach
    • Materiality assessment More Less
      • Sustainable Tobacco Program
    • Code of Conduct More Less
      • Supplier Code of Conduct
      • Swedish Match North America Terms and Conditions
    • Sustainability information More Less
      • Environment
      • Compliance
      • Employees and social conditions
      • Human rights
    • Sustainability reporting
  • Investors More Less

    Investors

    • Share holdings
    • Financial reports
    • Debt information More Less
      • Debt programs
      • Outstanding bonds
  • Media More Less

    Media

    • Press releases and news
    • Swedish Match logotype
    • Images
    • Videos
    • Swedish Match Norway More Less
      • Our history
      • Sustainability
    • Media contacts
  • Snus and health More Less

    Snus and health

    • Our standpoint
    • Swedish Match Scientific Publications More Less
      • Our Scientific Publications
    • GOTHIATEK® More Less
      • GOTHIATEK® standard
    • The Swedish Experience
    • Research on snus
    • Smoking cessation
    • Snus and the Swedish Food Act
    • Nicotine More Less
      • Nicotine labeling of Swedish Match products
      • Snus, nicotine and nicotine addiction
    • Tobacco use More Less
      • Tobacco use in figures
  • Career More Less

    Career

    • Employee strategy
    • Our culture
    • Work environment
    • Diversity and non-discrimination
    • Competence development
    • Compensation and benefits
    • Vacant positions
    • Student
    • HR contacts
Our websites
Language:
  • English
  • svenska
Media
  • Press releases and news
  • Swedish Match logotype
  • Images
  • Videos
  • Swedish Match Norway
  • Media contacts
Swedish Match's logo
Press release; Apr 28, 2000 7:00 AM CET

Shareholders approve share redemption and buyback, dividend increase; Anders Lannebo new Board memb

 Application period for redemption to begin May 8, 2000
 Share buy-back of up to 5 percent of shares approved
 Dividend will increase from 1.10 SEK/share to 1.25
 Anders Lannebo elected new Director of the Board

At the Annual General Meeting of Swedish Match on April 27th, it was resolved in accordance with the proposal of the Board of Directors to pay a dividend per share of 1.25 SEK. The record date for the dividend entitlement was set at May 3, 2000. The dividend is expected to be distributed on May 10, 2000 through VPC.

Furthermore, the shareholders approved an authorization for a reduction in the Company’s share capital by a maximum of 67,781,945 SEK through the redemption of no more than every 14th share in the Company for 35 SEK per share in cash. The record date for entitlement to be granted a right of redemption is May 3, 2000. Detailed information will be distributed to all shareholders in conjunction with the start of the application period, which is May 8,2000

Shareholders approved an authorization to decide, prior to the next annual general meeting, to acquire a maximum of as many shares as may be acquired without the Company’s holding at any time exceeding 5% of all shares in the Company. The shares shall be acquired on the Stockholm Stock Exchange OM at a price within the price interval registered at any given time (market price).

Shareholders have re-elected Arne Bennborn, Jan Blomberg, BerntMagnusson, Lennart Sundén, Meg Tivéus, and Klaus Unger to the Board of Directors. Anders Lannebo was elected as a new member to the Board.

In addition, shareholders approved all other proposals made by the Board of Directors as outlined in the published notice of the Annual General Meeting for Swedish Match AB.

For further information please contact:


Lennart Sundén, President & Chief Executive Officer
+46 8 658 01 75

Sven Hindrikes, Executive Vice President & Chief Financial Officer
+46 8 658 02 82

Bo Aulin, Senior Vice President, Secretary and General Counsel
+46 8 658 03 64

Emmett B. Harrison, Vice President, Investor Relations
+46 8 658 01 73


  • EN_241_0_20000428.pdf
  • EN_241_1_20000428.doc

Related documents

  • Presentations
  • CEO comment
  • Annual General Meeting
Home / Media / Press releases and news / Shareholders approve share redemption and buyback, dividend increase; Anders Lannebo new Board memb

Contact us

  • Media contacts
  • HR contacts
  • Consumer contact

Find us

  • Headquarters
  • Sales office
  • Factory
  • Distribution
  • Store
  • Research & Development
  • All addresses
Map

Corporate headquarters

Phone: +46 10 13 93 000

Sveavägen 44
SE-118 85 Stockholm

Corporate headquarters
Swedish Match

Swedish Match AB
SE-118 85 Stockholm

Phone +46 10 13 93 000
Corporate reg no. 556015-0756

About the website

  • Sitemap
  • Site policy
  • Privacy notice
  • Information about cookies
  • Legal responsibility

Find information

  • Search
  • FAQ
  • Archive