Boliden's financial position has improved substantially over the year as a result of the healthy cash flow, and the Balance Sheet is now considerably stronger than required for the Group's continued development. The Board will, therefore, propose that the Annual General Meeting approve the redemption of Boliden's shares. The combination of this measure and the common dividend would entail a proposed transfer of just over SEK 4 billion to the shareholders, corresponding to approximately SEK 14 per share.
Further information will be provided in conjunction with the Preliminary Financial Statement issued on 8th February 2007.
For additional information, please contact:
Jan Johansson, President & CEO, Boliden AB, tel +46 8 610 1602, +46 70 555 02 02
Ulf Söderström, Senior Vice President, Group Communications, Boliden AB, tel +46 8 640 1557, +46 70 618 95 95
Staffan Bennerdt, CFO, Boliden AB, tel +46 8 610 1520, +46 70 513 61 14