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General

A3 reduces dividend proposal

Monday 20 April 2020 | 12:26 CET | News
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Swedish IT and telecoms provider A3 said the currently unstable market has led its board to cut its dividend proposal for 2019 as a precaution. Shareholders at its 20 May AGM will now vote on a motion to pay SEK 0.50 per share instead of SEK 1.00. It is also proposing to pay the dividend at the regularly payment time, and is holding back on its potential plans to distribute its shares in Bright Energy.

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Categories: General
Companies: A3
Countries: Sweden
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