Dividends

Under the Finnish Companies Act, the Annual General Meeting of Shareholders decides on the distribution of dividends based on the dividend distribution proposal by the Board of Directors. According to Glaston’s Articles of Association, the Annual General Meeting of Shareholders shall be held annually before the end of May. More than half of the votes cast at the General Meeting of Shareholders shall second proposal for distribution of dividends. In accordance with prevailing practice in Finland, dividends on shares in a Finnish company are generally only paid annually.

The table lists Glaston’s dividend information since 2008.

 

 

 2012

2011

2010

2009

2008

Dividend per Share, EUR 

 -

-

-

-

0.05

Extra Dividend per Share, EUR

 -

-

-

-

Effective Dividend Yield, %

 -

-

-

-

5.5

 

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