The share capital of the company at end of year 2015 was 446,293,253 and was divided into the same amount of shares. There is only one class of shares and all shares carry one vote.
Changes in share capital
Time
Transaction
Number of
shares
Total shares after
transaction
Share capital
ISK
2015
Capital decrease
7,456,755
446,293,253
446,293,253
2009
Capital increase
1,250,000
453,750,000
453,750,000
2009
Capital increase
29,500,000
452,500,000
452,500,000
Share listings
Össur has been a listed company since 1999 and on NASDAQ OMX in Copenhagen in since 2009.
Ticker symbol: OSSR
Dividend policy
Össur’s Capital Structure and Dividend policy was updated in February 2016 by the Board of Directors:
Össur’s policy is to maintain a healthy balance sheet and a level of net interest bearing debt of 0.5x-1.5x to EBITDA.
Excess capital is returned to shareholders via annual cash dividends and/or purchase of own shares. Össur’s policy is to distribute a relatively stable cash dividend. The cash dividends will be decided annually in DKK per share.
Return of capital to shareholders is based on objectives of maintaining a solid financial position, operational outlook and investment requirements.
