AAK AB (publ.) Declares Dividend, Payable on May 24, 2017; Announces Board Changes
May 17, 2017 at 11:06 am EDT
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AAK AB (publ.) announced that at the Annual General Meeting held on May 17, 2017, the company resolved to declare a dividend of SEK 8.75 per share. May 19, 2017 was determined as record day for the payment of dividend. Payment from Euroclear Sweden AB is expected to commence on May 24, 2017.
Bengt Baron, Mikael Ekdahl and Gun Nilsson were elected as new board members. Melker Schörling and Ulrik Svensson have declined re-election. Mikael Ekdahl was elected as Chairman of the Board. Märta Schörling Andreen (Melker Schörling AB) and Yvonne Sörberg (Handelsbanken fonder) were elected as members of the Nomination Committee in respect of the Annual General Meeting 2018. Märta Schörling Andreen was appointed Chairman of the Nomination Committee.
AAK publ AB, also known as AarhusKarlshamn publ AB, is a Sweden-based holding company active primarily in the food processing sector. The Company refines vegetable oils for specialized products. The Company is organized, along with its subsidiaries, into three business segments: the Food Ingredients segment includes baking fat, dairy fat alternatives, Ice cream fats, infant formulas and oil/fats ingredients, among others; the Chocolate & Confectionery Fats segment provides chocolate and confectionery advantages, ranging from products developed for better sensory, health and longer shelf life to cost efficiency, know-how, technology and service, and the Technical Products & Feed segment includes golden wax, fatty acids, glycerin, deinking chemicals and animal feed. The Company operates Kamani Oil Industries Pvt Ltd. as a majority owned subsidiary.