AB Traction Appoints Patrik Schelin as CEO, Effective from March 01, 2016; Proposes Dividend for the Year Ended December 31, 2015
The Board of Directors proposed a dividend of SEK 2.55 for the year ended December 31, 2015 compared to SEK 2.00 per share a year ago, equivalent to SEK 37.8 million. The proposed dividend is in line with the Company's dividend policy according to which the dividend is adjusted so that there is no tax expense in the Parent Company.