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February 2, 2011
Stockholm, Sweden, February 2, 2011: The financial position of Atlas Copco is strong and therefore the Board of Directors proposes to the Annual General Meeting a redemption procedure.
Atlas Copco has generated significant cash flows both during the financial crisis and during the fast growth of 2010. Without jeopardizing the capacity to finance further growth, the Board of Directors proposes to the Annual General Meeting a share redemption procedure, whereby every share is split into 1 ordinary share and 1 redemption share.
The redemption share is then automatically redeemed at SEK 5.00 per share. Excluding shares currently held by the company this corresponds to a total of MSEK 6 092. Combined with the proposed ordinary dividend of SEK 4.00 per share, shareholders will receive MSEK 10 966.
The redemption is subject to approval at the Annual General Meeting 2011 on the following: