Brief: Garo: Amended Dividend Proposal

Garo AB

06/04/2020 14:01

April 6 (Reuters) - Garo AB  GARO.ST :
    * AMENDED DIVIDEND PROPOSAL
    * BOARD OF DIRECTORS HAS DECIDED TO WITHDRAW PREVIOUSLY
ANNOUNCED
DIVIDEND PROPOSAL TO ANNUAL GENERAL MEETING 2020 OF SEK 4.20 PER
SHARE
    * BOARD OF DIRECTORS WILL PROPOSE TO ANNUAL GENERAL MEETING
THAT
NO DIVIDEND BE PAID
    * DECISION DOES NOT SIGNAL A CHANGE IN COMPANY'S LONG-TERM
DIVIDEND POLICY
    * REASON FOR THIS DECISION IS SIGNIFICANT UNCERTAINTY THAT
PREVAILS IN EXTERNAL ENVIRONMENT AS A RESULT OF EFFECTS OF
SPREAD OF COVID-19 INFECTION

Source text for Eikon:  ID:nWkr4Gdvxp 
Further company coverage:  GARO.ST 

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