Byggma ASA: New policy for dividends
The Board has at the meeting 24 February 2022 resolved a new dividend policy.
The new dividend policy has the following wording.
"Byggma aims to pay out between 30% and 50% of the group's net profit for the
preceding fiscal year. Byggma's dividend policy shall be shareholder friendly
and is an important part of the groups strategy for optimising capital
allocation. The decided dividend will among other things consider liquidity
needs, planned capital expenditures and leverage. Surplus liquidity shall be
paid back to the shareholders."
This information is subject to the disclosure requirements pursuant to Section
5-12 the Norwegian Securities Trading Act.
Vennesla, 24 February 2022
For the Board of Directors of Byggma ASA
Chairman of the Board