Hiab Corporation Announces Additional Dividend Distribution
Hiab Corporation has unveiled an exciting development for its shareholders with the announcement of an additional dividend. This move is positioned to reward investors and reflect the company's strong financial performance.
Details of the Additional Dividend
Previously, Hiab (formerly part of Cargotec) indicated on 26 March 2025, that the company had been authorized at the Annual General Meeting to issue an additional dividend. The proposed payout includes EUR 1.56 for each class A share and EUR 1.57 for each outstanding class B share. This enhancement in dividend distribution has been made possible following the successful completion of the sale of MacGregor, as communicated to stakeholders on 31 July 2025.
Approval by the Board of Directors
On 29 September 2025, the Board of Directors convened and officially approved the distribution of the additional dividend in accordance with the authorization granted. This decision highlights the company's commitment to enhancing shareholder value while maintaining robust financial health.
Dividend Payment Schedule
The dividend will be paid to all shareholders who are listed in the company's shareholder register before the record date, set for 2 October 2025. The anticipated payment date is 9 October 2025, allowing investors to look forward to their dividends shortly thereafter.
Company Overview and Future Outlook
Hiab Corporation (Nasdaq Helsinki: HIAB) is renowned for its innovative and sustainable on-road load-handling solutions. With a dedicated focus on customer satisfaction and an engaged workforce, Hiab operates globally, with a presence on every continent through a comprehensive network of 3,000 sales and service locations. The company serves over 100 countries, effectively expanding its market reach.
Financial Performance
In the last reported fiscal year, Hiab achieved impressive sales figures, amounting to approximately EUR 1.6 billion. The company prides itself on not only its financial achievements but also its commitment to employment, with a workforce exceeding 4,000 individuals dedicated to driving innovation and service excellence.
Contact Information for Investors
For any inquiries or further information regarding the dividend or corporate matters, stakeholders can reach out to Mikko Puolakka, CFO, at +358 20 777 4000 or Aki Vesikallio, Vice President of Investor Relations, at +358 40 729 1670. The team is ready to assist and share insights about Hiab's strategic endeavors and growth plans.
Frequently Asked Questions
1. What was the announced additional dividend amount?
The additional dividend amounts to EUR 1.56 per class A share and EUR 1.57 per class B share.
2. When will the additional dividend be paid?
The dividend payment date is set for 9 October 2025.
3. When is the record date for receiving the dividend?
The record date to qualify for the dividend is 2 October 2025.
4. Who can I contact for more information about Hiab?
For inquiries, you can contact Mikko Puolakka at +358 20 777 4000 or Aki Vesikallio at +358 40 729 1670.
5. Where can I find more information about Hiab Corporation?
More information regarding Hiab Corporation and its services can be obtained on their official website.
