Stora Enso
Anjala Mill in Finland (Image: Stora Enso)

Stora Enso Oyj's lath of directors has decided that a second dividend installment of EUR 0.15 per share (approximately Rs xiii.37) will be distributed based on the residue sheet adopted for the year 2019. The dividend is based on the authority given past Stora Enso'due south annual general meeting of iv June 2020. The resolution of the board on the distribution of dividend was made because the impacts of the Covid-19 pandemic on Stora Enso's business and liquidity.

The second dividend installment volition be paid on or about 17 December 2022 to a shareholder who is recorded in the shareholders' register maintained by Euroclear Finland Oy or in the separate annals of shareholders maintained by Euroclear Sweden AB on the tape date of the dividend payment, 10 Dec 2020. The dividend payable for Euroclear Sweden registered shares volition be forwarded by Euroclear Sweden AB and paid in Swedish krona. Dividends payable to ADR holders will be forwarded past Citibank NA and paid in US dollars. The ex-dividend date is nine December 2020.

Stora Enso'southward annual general meeting of four June 2022 decided on an firsthand dividend payment of EUR 0.15. Information technology also authorized the board of directors to decide at a later date, at its discretion, to distribute a total dividend of up to EUR 0.35 per share in one or more than installments. Following the dividend payment on 17 Dec 2020, the total dividend for the financial year 2022 is EUR 0.xxx per share.

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