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    SAND   SE0000667891

SANDVIK AB

(SAND)
  Report
Delayed Quote. Delayed Nasdaq Stockholm - 10/22 11:29:39 am
224.8 SEK   +2.41%
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Sandvik : Nomination Committee for the 2022 Annual General Meeting

09/20/2021 | 08:32am EDT

In 2020 Sandvik AB's Annual General Meeting adopted an instruction regarding the appointment of the Nomination Committee, applicable until the General Meeting resolves otherwise. Pursuant to this instruction the company shall have a Nomination Committee comprised of members appointed by each of the four principal shareholders in terms of votes on the last banking day of August, as well as the Chairman of the Board (convenor).

The Nomination Committee has now been appointed and consists of the following members:

Fredrik Lundberg, AB Industrivarden, Chairman of the Nomination Committee

Anna Magnusson, Alecta

Marianne Nilsson, Swedbank Robur Funds

Lars Pettersson,Lundbergs

Johan Molin, Sandvik's Chairman of the Board

The Nomination Committee shall prepare proposals for the 2022 Annual General Meeting regarding the Chairman of the Meeting, number of Board members, fees to be paid to each of the Board members, election of Board members and Board Chairman, remuneration to the auditor and election of auditor and, if necessary, proposal for changes in the instruction to the Nomination Committee.

The Annual General Meeting will be held on April 27, 2022, in Sandviken, Sweden.

Shareholders who wish to present proposals to the Nomination Committee for the 2022 Annual General Meeting can submit them to the Nomination Committee's Secretary Asa Thunman by e-mail: asa.thunman@sandvik.com. In order for the Nomination Committee to be able to consider submitted proposals in a constructive manner, these should be submitted by January 14, 2022, at the latest.

Contact:

Phone: +46 8 456 11 00

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
AB INDUSTRIVÄRDEN (PUBL) 2.35% 287.2 Delayed Quote.4.74%
SANDVIK AB 2.41% 224.8 Delayed Quote.11.67%
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Financials
Sales 2021 96 897 M 11 309 M 11 309 M
Net income 2021 14 051 M 1 640 M 1 640 M
Net Debt 2021 15 613 M 1 822 M 1 822 M
P/E ratio 2021 20,0x
Yield 2021 2,36%
Capitalization 282 B 32 868 M 32 910 M
EV / Sales 2021 3,07x
EV / Sales 2022 2,61x
Nbr of Employees 42 090
Free-Float 97,3%
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Technical analysis trends SANDVIK AB
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 224,80 SEK
Average target price 254,27 SEK
Spread / Average Target 13,1%
EPS Revisions
Managers and Directors
Stefan Widing President, Chief Executive Officer & Director
Tomas Eliasson Chief Financial Officer & Executive Vice President
Johan Molin Chairman
Lars Erik Westerberg Independent Director
Jennifer Margaret Allerton Independent Director
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