STOCKHOLM, Aug. 26, 2020 /PRNewswire/ -- The Board of
Directors of SCA has considered whether to propose an extraordinary
general meeting to be held later in 2020 to resolve on dividend
distribution. The Board of Directors has resolved that it will not
render any such proposal during the remainder of 2020.
The Board of Directors of SCA has considered whether to propose
an extraordinary general meeting to be held later in 2020 to
resolve on dividend distribution. In view of the current
circumstances, the Board of Directors has resolved not to call for
an extraordinary general meeting this year to resolve on dividend
distribution. Instead the Board of Directors intends to render its
proposal on dividend distribution as customary in connection with
the publication of the interim report for the fourth quarter
2020.
For further information, please contact:
Björn Lyngfelt, SVP Communications, tel +46 60 19 34 98
Toby Lawton, CFO, tel +46 60 19 31
09
Katarina Nilsson, General Counsel
and Secretary to the Board, tel +46 739 205 605
Please note:
This is information that SCA is obliged to make public
pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the contact person
set out below, on August 26, 2020 at
08:00 a.m. CET.
Björn Lyngfelt, Vice President, Communications, +46 (0)60 19 34
98
The core of SCA's business is the forest, Europe's largest private forest holding.
Around this unique resource, we have built a well-developed
value chain based on renewable raw material from our own and
others' forests.
We offer paper for packaging and print, pulp, wood products,
renewable energy, services for forest owners and efficient
transport solutions.
In 2019, the forest products company SCA had approximately 4,000
employees and sales amounted to approximately SEK 19.6bn (EUR
1.9bn).
SCA was founded in 1929 and has its headquarters in Sundsvall,
Sweden. For more information,
visit www.sca.com
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SOURCE SCA