SSAB (STO:SSABA) has held its 2010 Annual General Meeting where it declared a dividend of SEK 1.00 per share. The record date for the dividend is March 31, 2010. The dividend will be paid on April 7, 2010, through Euroclear Sweden AB. The meeting also granted the company’s directors and CEO discharge from liability for 2009. All nine directors of the Board were also re-elected. Sverker Martin-Lof remains the Chairman of the Board.
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SSAB Svenskt Stal AB is a Sweden-based company active within the steel industry. The Company is engaged in the production and sale of high-strength steel sheet and steel plate. The production activities are located in Sweden and in the United States. It is the parent company within the SSAB Group. The Company operates through three divisions and two principal subsidiaries responsible for trading and processing operations. The SSAB Strip Products division manufactures steel sheet and high-strength steel grades principally through SSAB Tunnplat AB. The SSAB Plate division produces heavy steel plate, as well as quenched and tempered steel, mainly through SSAB Oxelosund AB. The SSAB North America division is primarily engaged in the supplies of steel in North America. Plannja AB is a subsidiary that handles processing and supplies sheet steel building products. The subsidiary Tibnor AB is the trading company of the group. The Company is also operational through foreign sales companies.
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