Outokumpu AGM Approves Dividend and New Board Members
Outokumpu Oyj's Annual General Meeting on April 3, 2025, approved the financial statements and decided on a dividend of 0.26 euros per share for fiscal year 2024. The meeting also elected new board members and authorized share repurchases.
Helsinki – Outokumpu Oyj's Annual General Meeting (AGM) took place on April 3, 2025, in Helsinki. The meeting approved the company's and group's financial statements for 2024 and discharged the board and CEO from liability. A total dividend of 0.26 euros per share was approved, to be paid in two installments. The first 0.13 euro installment is scheduled for April 14, 2025, with the second 0.13 euro installment due October 22, 2025.
The AGM authorized the company's Board of Directors to repurchase up to 45,000,000 of Outokumpu's own shares, representing approximately 9.85% of its total registered shares. This repurchase can be conducted using unrestricted equity. The board was also authorized to decide on issuing shares and special rights related to shares.
Two new members, Hilde Merete Aasheim and Olavi Huhtala, were elected to the Board of Directors, bringing its total membership to eight. Kari Jordan was re-elected as Chairman, and Jyrki Mäki-Kala as Vice Chairman. Annual remuneration for board members saw a slight increase, with 40% of the remuneration to be paid in company shares, subject to certain conditions.