AAK AB (publ.) Approves Dividend, Payable on May 22, 2019; Approves Board and Committee Appointments
May 15, 2019 at 10:36 am EDT
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AAK AB (publ.) elected Patrik Andersson as new board member, at its AGM held on May 15, 2019. The company also approved the new election of Åsa Nisell (Swedbank Robur fonder) as members of the Nomination Committee in respect of the Annual General Meeting 2020.
In accordance with the proposal of the Board of Directors, the Meeting resolved to declare a dividend of SEK 1.85 per share. May 17, 2019 was determined as record day for the payment of dividend. Payment from Euroclear Sweden AB is expected to commence on May 22, 2019.
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.