Swedish Match gets Nod for Further Shares Buyback

Source from:  Tobacco Reporter 04/30/2009

Apr 29, 2009-At Swedish Match's annual general meeting yesterday shareholders approved the payment of a SEK4.10 per-share dividend, the repurchase of up to 10 per cent of the company's shares for a maximum amount of SEK3,000 million, and the withdrawal of four million previously repurchased shares. The dividend, which is as proposed by the board of directors, is expected to be paid on May 7 to shareholders of record as of May 4. Shareholders re-elected Charles A. Blixt, Andrew Cripps, Karen Guerra, Arne Jurbrant, Conny Karlsson, Kersti Strandqvist and Meg Tivéus to the board. Conny Karlsson was re-elected chairman of the board and Andrew Cripps was re-elected deputy chairman. Enditem