Business News
Metso decides not to distribute the additional dividend for 2008
Friday 24. July 2009 - Metsos Board of Directors has today decided that Metso will not pay any additional dividend for 2008 in addition to the ordinary dividend of 0.70 euro per share that was distributed in April 2009.
Metsos financial performance and financial position are stable and have developed according to management expectations, but the market visibility for 2010 continues to be weak. The importance of strong balance sheet increases in an uncertain economic climate.
The Annual General Meeting of March 30, 2009 authorized the Board to decide by the end of 2009, at its discretion and when the economic situation of Metso favors it, on the payment of an additional dividend for 2008 in the amount of no more than EUR 0.68 per share. With todays Board decision no additional dividend will be distributed.