Hiab said Monday its board of directors has approved the payment of a special dividend following the completion of the sale of its MacGregor business.
The Finnish load-handling solutions provider will pay 1.56 euros per class A share and 1.57 euros per class B share, according to a company statement.
The payment was authorized by the annual general meeting in March, conditional on the closing of the sale of the maritime cargo and load-handling business, which the company announced on July 31.
The divestment is part of a strategic shift by the company, formerly known as Cargotec, to focus on its core on-road load-handling solutions.
The dividend is scheduled to be paid on Oct. 9 to shareholders of record as of Oct. 2, the company said.
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