Brief: Metsa Board Renews Dividend Policy

Metsa Board Oyj

24/10/2024 07:22

Oct 24 (Reuters) - Metsa Board Oyj  METSB.HE :
    * METSÄ BOARD RENEWS ITS DIVIDEND POLICY
    * TARGET IS TO DISTRIBUTE A DIVIDEND OF AT LEAST HALF OF
RESULT
FOR FINANCIAL PERIOD OVER TIME
    * PREVIOUS DIVIDEND POLICY WAS: METSÄ BOARD'S TARGET IS TO
DISTRIBUTE A DIVIDEND OF AT LEAST 50% OF RESULT FOR FINANCIAL
PERIOD
    * AIMS TO ALLOCATE ITS CAPITAL IN A WAY THAT BEST SUPPORTS
VALUE
CREATION IN LONG TERM
    * AIMS TO MAINTAIN A STRONG BALANCE SHEET: RATIO OF
INTEREST-BEARING NET DEBT TO COMPARABLE EBITDA SHOULD NOT EXCEED
2.5

Source text for Eikon:  ID:nWkr4vFxwB 
Further company coverage:  METSB.HE 

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