Stora Enso Oyj's AGM: A Game-Changer for Shareholders!

Ladies and gentlemen, buckle up! Stora Enso Oyj just held its Annual General Meeting (AGM) on March 20, 2025, and the resolutions passed are nothing short of a game-changer for shareholders. Let's dive into the key points that will make your portfolio soar!



Dividend Distribution: Cash in Your Pocket!

Stora Enso is distributing a dividend of EUR 0.25 per share for 2024 in two installments: EUR 0.13 on April 2, 2025, and EUR 0.12 on October 2, 2025. This is a clear signal that the company is committed to returning value to shareholders. Don't miss out on this cash windfall!

Board Composition and Remuneration: Fresh Blood and Big Bucks!

The AGM elected nine Board members, including two new faces: Elena Scaltritti and Antti Vasara. Kari Jordan is the new Chair, and Håkan Buskhe is the Vice Chair. The board remuneration has been increased significantly, with the Chair receiving EUR 221,728, the Vice Chair EUR 125,186, and Members EUR 85,933. This is a bold move to attract top talent and align their interests with shareholders. The board members will receive 40% of their remuneration in Stora Enso R shares, ensuring they have skin in the game!

Share Repurchase and Incentive Schemes: Buybacks and Bonuses!

The Board received authorization to repurchase up to 2,000,000 R shares (0.25% of all shares) and issue the same amount for incentive schemes. This is a smart move to manage share capital and incentivize employees. Expect to see some serious buybacks and bonuses in the coming year!

Auditor and Sustainability Reporting Assurer: Transparency and Accountability!

PricewaterhouseCoopers Oy was appointed as both auditor and sustainability reporting assurer. This ensures that Stora Enso's financial statements and sustainability reports are prepared in accordance with the highest standards. Transparency and accountability are key to building trust with investors, and this move is a big win for shareholders.

Amendments to the Articles of Association: Governance Overhaul!

Several amendments to the Articles of Association were also approved. These changes may include updates to the company's governance structure, shareholder rights, or other operational aspects. Stay tuned for more details on how these amendments will impact the company's strategic direction.

In summary, the resolutions passed at Stora Enso Oyj's AGM are designed to enhance the company's financial health and strategic direction. The dividend distribution, board composition and remuneration changes, share repurchase and incentive schemes, auditor appointment, and amendments to the Articles of Association are all positive developments for shareholders. Don't sit on the sidelines—get in on the action and watch your portfolio soar with Stora Enso Oyj!