A shareholders meeting is Stora Enso's highest decision-making body. The Annual General Meeting (AGM) is held annually in order to present detailed information about the company's performance and to deal with matters such as adopting the previous year’s income statement and balance sheet, setting of dividend and its payment, and appointing members of the Board of Directors and the Auditor.
Based on the development of the coronavirus situation and the announcements by the Finnish Government, Stora Enso has decided to cancel its Annual General Meeting on Thursday 19 March 2020.
The Finnish Government announced on Monday 16 March that public gatherings will be limited to a maximum of ten persons. Consequently, Stora Enso’s Board of Directors has decided to cancel the Annual General Meeting from Thursday.
Stora Enso will convene the Annual General Meeting at a later stage. As a result, Stora Enso will not be issuing dividend payment on March 30th as earlier communicated, as this is subject to decision at the Annual General Meeting.