Axfood AB Resolves to Pay Dividend, Dividend Expects to Pay on 25 March and 23 September 2020 Respectively; Appoints Christian Luiga as A New Director
March 18, 2020 at 02:00 pm EDT
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Axfood AB (publ) announced that the AGM resolved in favour of a dividend of SEK 7.25 per share. The dividend amount will be divided into two payments, of SEK 3.75 and SEK 3.50, respectively. The record dates to receive dividends are 20 March 2020 and 18 September 2020. Dividends are expected to be paid out on 25 March and 23 September 2020.
The company at its Annual General Meeting (AGM) elected Christian Luiga as a new director.
Axfood AB is a Sweden-based company engaged in the food retail and wholesale trade in Sweden. The Companyâs retail business is conducted through three wholly owned chains: Willys, specializing in discount food retail; Hemkop, which is engaged in the sales of food retail products, and PrisXtra, which is a grocery chain serving the Stockholm market. The Company owns and operates over 200 retail stores. The Companyâs wholesale business is conducted through Dagab, which supplies Axfood Group and the Vi chain, and Axfood Narlivs, a convenience store wholesaler. Axfood has a portfolio of private labels, including Hemkop, Garant, Garant Ekologiska varor, Aware, Saklart, Func and Fixa. Among others, the Company operates via Middagsfrid AB. The Company's major shareholder is Axel Johnson AB.
AXFOOD AB 
