Reuters logo
BRIEF-Swedish Match to pay out 12 SEK/shr in special dividend after STG IPO
February 10, 2016 / 7:55 AM / 2 years ago

BRIEF-Swedish Match to pay out 12 SEK/shr in special dividend after STG IPO

Feb 10 (Reuters) - Swedish Match Ab :

* Says distribute proceeds from share sale in Scandianavian Tobacco Group to shareholders

* Says board of directors intends to propose a special dividend of sek 12 per share on top of ordinary dividend

* Says expects that capital gain from reduction of share ownership in STG will be in excess of msek 500, not subject to taxation, and will be recognized in financial statement for Q1 of 2016 Further company coverage: (Reporting By Sven Nordenstam)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below