Dividend and Repurchase of Shares
Dividend
Attendo's current dividend target is to pay out 30 percent of the company's adjusted net profit. The dividend must be well balanced with regard to the objectives, scope and risk of the business, including investment opportunities, and the company's financial position.
Repurchase of own shares
The Annual General Meeting 2024 resolved to authorize the Board of Directors to repurchase, on one or several occasions until the next Annual General Meeting, as many own shares as may be purchased without the company’s holding at any time exceeding 10 percent of the total number of shares in the company. The Annual General Meeting further resolved to authorize the Board of Directors to resolve, on one or several occasions until the next Annual General Meeting, to transfer (sell) own shares.
The purpose of the authorization to repurchase own shares is to promote efficient capital usage in the company and to provide flexibility as regards the company’s possibilities to distribute capital to its shareholders. The purpose of the authorization to transfer own shares is to enable the Board to make corporate acquisitions, enter into collaboration agreements or raise working capital.