BioGaia’s Board makes decision regarding extra dividend
In light of the continued uncertainty in connection to the global spread of Covid-19, BioGaia's Board of Directors has decided not to convene an Extraordinary General Meeting to decide on the previously proposed extra dividend of SEK 4.25 per share.
For precautionary reasons, and to ensure that BioGaia can act from a strong position in the current turbulent global situation, the Board believes that it is justified to withdraw the proposal for an extra dividend.
The Board's previous proposal, which was published in the Year-end report 2019, 6 February 2020, entailed an ordinary dividend of SEK 3.75 per share and an extra dividend of SEK 4.25 per share, a total of SEK 8.00 per share. 3 April 2020 the company announced that the Board, due to the current covid-19 situation, had decided to withdraw the proposal for an extra dividend and that a decision on this would be made later in the year, when a better overview of the effects of the ongoing pandemic could be obtained.
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This information is information that BioGaia AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the CEO, 10 September 2020 at 10:30pm CET.