AAK Annual Report 2020

AAK Annual Report 2020 52 The AAK share AAK’s shares have been traded since October 2, 2005 on the NASDAQ OMX, Stockholm, the Nordic List. As from January 2, 2014, AAK shares have been traded in the Large Cap segment in the Consumer Commodities sector. The abbreviation is AAK and the ISIN code is SE0011337708. Turnover and price trend During 2020, 136.8 million (118.0) shares were traded at a total value of SEK 22,997 million (19,585), which corresponds to a turnover rate of 54 percent (47). The average trade per trading day was 542,802 (472,141) shares or SEK 91 million (78). At year-end, the price was SEK 166.00 (178.00) and AAK’s market value was SEK 42,399 million (45,164). The highest price during the year was SEK 192.20 (January 30) and the lowest price was SEK 133.05 (March 16). Share capital As at December 31, 2020, the share capital of AAK was SEK 425,689,890 (422,884,890). The number of shares was 255,413,934 (253,730,934). 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 18,279 (17,250) shareholders as at Decem- ber 31, 2020. There are shareholders in more than 40 countries, and the total ownership outside of Sweden amounted to 34 percent (32) at year-end. The ten larg- est individual shareholders accounted for 53 percent of the share capital on the same date. As of December 31, 2020, members of AAK’s Group Executive Management owned a total of 531,400 shares in AAK. 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 devel- opment 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 2020 financial year of SEK 2.30 (2.10) per share, a total of SEK 587 million (534). 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 and seminars. During 2020, a capital market day was due to the Covid-19 pandemic held virtually. Meetings with analysts and other professional investors that normally take place physically were also held virtually due to the pandemic. Those interested can obtain presentation material and listen to audio recordings from quarterly presentations at www.aak.com. Analysts ABG Sundal Collier – Johan Brown Bank of America – Alexander Jones Barclays – Alex Sloane Berenberg Bank – James Targett Carnegie Investment Bank – Kenneth Toll Johansson Danske Bank – Oskar Lindström DNB Bank – Ebba Björklid Exane BNP Paribas – Heidi Vesterinen Handelsbanken – Karri Rinta Nordea Bank – Daniel Ovin SEB Enskilda – Carl Mellerby 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 Patrik Winquist, Group Controller Telephone: +46 (0)708 926 421 Email: investor@aak.com