Stora Enso (STE) will ask shareholders on 15 December 2026 to approve separating its Swedish forest assets business into Bergslagets Skogar. The proposed cross-border partial demerger would transfer the business's related assets, rights, debts and liabilities to the new Swedish company. Completion is planned for 31 March 2027, although the date may change.
Shareholders would receive one Bergslagets Skogar share for each Stora Enso share: class A holders would receive class A shares, and class R holders would receive class B shares. Distribution would be automatic. Applications for trading on Nasdaq Stockholm and Nasdaq Helsinki are intended. Approval requires two-thirds of votes cast and shares represented, including within each represented share class. Shareholders can approve or reject the plan but cannot amend it.
Stora Enso (OTC:SEOAY) held its AGM on 24 March 2026 and approved a EUR 0.25 per share dividend for 2025 payable in two instalments: EUR 0.13 (record date 26 Mar 2026; pay ~8 Apr 2026) and EUR 0.12 (record date 25 Sep 2026; pay ~2 Oct 2026).
The AGM elected an eight-member Board, re-elected seven members and added Jouko Karvinen; Håkan Buskhe was chosen Chair and Jouko Karvinen Vice Chair. The meeting authorised repurchase and issuance of up to 2,000,000 R shares and confirmed PwC as auditor and sustainability assurer.
Stora Enso (OTC:SEOAY) Shareholders' Nomination Board proposed an eight-member Board for the AGM on 24 March 2026. It recommends re-electing Håkan Buskhe, Helena Hedblom, Astrid Hermann, Christiane Kuehne, Richard Nilsson, Elena Scaltritti and Antti Vasara, and electing Jouko Karvinen as a new member. The Board proposes Håkan Buskhe as Chair and Jouko Karvinen as Vice Chair. Two current directors, Kari Jordan and Reima Rytsölä, are not available for re-election. Annual Board fees are maintained at 2025 levels and paid 40% in Stora Enso R shares and 60% in cash.
Summary not available.