Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Electrolux AB ( ($SE:ELUX.B) ) has issued an announcement.
Electrolux AB’s Annual General Meeting in Stockholm approved the 2025 financial statements, discharged the Board and CEO from liability and decided that no dividend will be paid for the 2025 fiscal year, with all available funds carried forward. The AGM also approved board remuneration and re-elected eight directors while adding two new members, reappointed Torbjörn Lööf as chair and confirmed Öhrlings PricewaterhouseCoopers as auditor through 2027.
Shareholders backed the Board’s remuneration report and authorized the directors to transfer treasury shares in connection with acquisitions and to meet obligations from the 2024 share program, with the mandate valid until the 2027 AGM. The meeting further approved a new performance-based long-term share program for 2026, with Electrolux set to hedge its financial exposure by entering an equity swap agreement with a third party, underscoring continued use of equity-based incentives while preserving cash via the dividend omission.
The most recent analyst rating on ($SE:ELUX.B) stock is a Hold with a SEK61.00 price target. To see the full list of analyst forecasts on Electrolux AB stock, see the SE:ELUX.B Stock Forecast page.
More about Electrolux AB
Electrolux Group is a global household appliance manufacturer whose brands include Electrolux, AEG and Frigidaire, selling kitchen, laundry and wellbeing products in about 120 markets worldwide. The Stockholm-based company, which employs roughly 39,000 people, emphasizes sustainability in its solutions and operations as a core part of its market positioning.
Average Trading Volume: 1,581,126
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK16.6B
Find detailed analytics on ELUX.B stock on TipRanks’ Stock Analysis page.