AAK Annual Report 2018

48 The AAK share AAK’s shares have been traded since October 2, 2006 on the NASDAQ OMX, Stockholm, the Nordic List. As from January 2, 2014, AAK shares have been traded in the Large Cap (previously Mid Cap) segment in the Consumer Commodities sector. The abbreviation is AAK and the ISIN code is SE0011337708. Turnover and price trend During 2018, 86.1 million (78.3) million shares were traded at a total value of SEK 11,437 million (8,083), which corresponds to a turnover rate of 34 percent (31). The average trade per trading day was 347,107 (312,042) shares or SEK 46 million (32). At the year-end, the price was SEK 122.70 (117.08) and AAK’s market value was SEK 31,133 million (29,708). The highest price during the year was SEK 154.06 (September 28) and the lowest price was SEK 115.67 (January 2). Share capital As at December 31, 2018, the share capital of AAK was SEK 422,884,890 (422,884,890). The number of shares was 253,730,934 (42,288,489). In June, the number of shares and votes in AAK AB (publ.) increased as a result of the share split (6:1) resolved upon by AAK AB’s Annual General Meeting on May 30, 2018. The quota value per share was SEK 1.67. Each share entitles the holder to one vote. All shares have equal rights to participate in the profits and assets of the Company. Ownership There were 11,820 (10,209) shareholders as at December 31, 2018. Planned dividend policy The Board of Directors has adopted a dividend policy. According to the policy, the objective of the Board of Directors, taking into account the development of Group earnings, its financial position and future development opportunities, is to propose annual dividends equivalent to at least 30–50 percent of the profit for the year, after tax, for the Group. Ordinary dividend The Board of Directors proposes a dividend for the 2018 financial year of SEK 1.85 (1.63) per share, a total of SEK 469 million (412). AAK’s Investor Relations work AAK’s aim is for the shares to be valued on the basis of relevant, accurate and up-to-date information. This requires a clear strategy for financial communication, reliable information and regular contact with financial market stakeholders. Contact with the financial markets takes place via presentations in conjunction with quarterly reports and meetings with analysts, investors and journalists at capital market days, seminars and visits to AAK’s divisions. During 2018, a capital market day was held in Blekinge, Sweden and a large number of meetings were held with analysts and other professional operators on site in Copenhagen, London and Stockholm. Those interested can obtain presentation material and listen to audio recordings from quarterly presentations at www.aak.com . Analysts ABG Sundal Collier – Casper Blom Berenberg Bank – James Targett Carnegie Investment Bank – Kenneth Toll Johansson Exane BNP Paribas – Heidi Vesterinen Handelsbanken – Karri Rinta Nordea Bank – Alexandra Barganowski SEB Enskilda – Carl Mellerby Danske Bank – Oskar Lindström Financial information about AAK is available at www.aak.com , where financial reports, press releases and presentations can be obtained. The Company’s press releases are distributed via Cision and are also available on the Company’s website. The Company management can be contacted as follows: Telephone: +46 (0)40-627 83 00 Email: info@aak.com Shareholder contacts Fredrik Nilsson, CFO Telephone: +46 (0)40-627 83 00 Email: fredrik.nilsson@aak.com