March 24, 2020 / 10:48 AM / 17 days ago

BRIEF-Beijer Ref Board Of Directors Proposes Reduced Dividend

March 24 (Reuters) - Beijer Ref AB (publ):

* THE BOARD OF DIRECTORS PROPOSES A REDUCED DIVIDEND

* PROPOSES A CASH DIVIDEND TO SHAREHOLDERS OF SEK 1,75 PER SHARE, WHICH DEVIATES FROM PREVIOUSLY COMMUNICATED DIVIDEND AMOUNT OF SEK 3,50

* ADJUSTMENT OF DIVIDEND IS CAUSED BY CURRENT MARKET INSTABILITY

* AMBITION IS TO SUMMON SHAREHOLDERS TO EGM LATER THIS YEAR TO RESOLVE ON AN ADDITIONAL DIVIDEND Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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