Brief: Sintercast Withdraws Original Dividend Proposal

SinterCast AB

15/05/2020 07:05

May 15 (Reuters) - SinterCast AB  SINT.ST :
    * SINTERCAST WITHDRAWS ORIGINAL DIVIDEND PROPOSAL
    * ANNUALISED SERIES PRODUCTION FOR FIRST FOUR MONTHS OF YEAR
IS
DOWN 25%
    * TO WITHDRAW ORIGINAL DIVIDEND PROPOSAL COMPRISED AN
ORDINARY
DIVIDEND OF SEK 4.50 PER SHARE PLUS AN EXTRAORDINARY DIVIDEND OF
SEK 2.25
    * AMBITION TO CONVENE EGM  ON OR BEFORE 20 NOVEMBER 2020 TO
DECIDE
ON DIVIDEND FOR 2019 FINANCIAL YEAR
    * JUDGES THAT WAITING UNTIL AUTUMN WILL IMPROVE MARKET
VISIBILITY

Source text for Eikon:  ID:nWkr9Q5QZv 
Further company coverage:  SINT.ST 

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