H&M approves dividend of 9.75 Swedish krona
By Prachi Singh
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On April 29, Hennes & Mauritz (H&M), at its annual general meeting (AGM) under the chairmanship of lawyer Sven Unger approved the dividend of 9.75 Swedish krona (1.18 dollars) per share in accordance with the board of directors’ proposal.
All the board members elected by the AGM – Anders Dahlvig, Lottie Knutson, Sussi Kvart, Lena Patriksson Keller, Stefan Persson, Melker Schörling, Christian Sievert and Niklas Zennström were re-elected during the meeting. Stefan Persson was re-elected as Chairman of the board.
The regular members appointed previously by the trade unions are Margareta Welinder and Ingrid Godin, with Alexandra Rosenqvist and Rita Hansson as deputy members.