The Board of Directors of Kitron has today resolved a dividend of NOK 0.50 per share.
Kitron has historically paid annual dividends pursuant to resolutions by the annual general meeting. As a result of the corona pandemic during first half of 2020 and as a precautionary measure to safeguard the company's financial position and liquidity, the Board of Directors did not propose a dividend for the annual general meeting. In order to maintain the option to evidence shareholder value by paying dividends, the annual general meeting granted an authorization to the Board of Directors to resolve dividends of up to
Kitron has historically paid annual dividends pursuant to resolutions by the annual general meeting. As a result of the corona pandemic during first half of 2020 and as a precautionary measure to safeguard the company's financial position and liquidity, the Board of Directors did not propose a dividend for the annual general meeting. In order to maintain the option to evidence shareholder value by paying dividends, the annual general meeting granted an authorization to the Board of Directors to resolve dividends of up to
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