Utdelningspolicy
Fortnox strives to provide long-term stable dividends to its shareholders. When the operating cash flow exceeds what the Group can invest in profitable expansion in the long term, and provided that the target for the capital structure is met, the surplus is distributed to the shareholders. Fortnox has a long-term goal to distribute 30–50 percent of the Group’s profit after tax.
Dividend, recalculated for share split 10:1 in 2022 (SEK)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|
| 0,12 | 0,8 | 0,075 | 0,05 | 0,035 | 0,025 | 0,020 | 0,016 | 0,013 | 0,012 |
Repurchase mandate
At the extraordinary general meeting 2022, the Board was authorized to buy back a maximum of 318,562 shares in the company on one or more occasions until the 2023 Annual General Meeting. The purpose of these share repurchases is to secure the company’s obligations under its current employee stock purchase plan (ESSP 2022). At the AGM in 2023 it was resolved to launch a new employee stock purchase plan (ESSP 2023) and a mandate was given to buy back up to 449 456 shares to secure delivery to the participants. Shares are to be purchased on Nasdaq Stockholm at market price.