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Eltel AB ( (SE:ELTEL) ) just unveiled an announcement.
Eltel AB’s 2026 Annual General Meeting in Stockholm approved the 2025 financial statements, confirmed no dividend for the year and granted discharge from liability to the board and CEO, underscoring a focus on balance sheet strength over immediate shareholder payouts. The meeting re-elected the existing five-member board, maintained Per Sjöstrand as chairman, set total board remuneration at EUR 322,100 and confirmed KPMG AB and auditor-in-charge Fredrik Westin for another term.
Shareholders backed a new share-based long-term incentive program for 2026 aimed at aligning senior executives and key staff with shareholder interests and supporting retention. The AGM also authorised the board to issue new shares, and to repurchase and transfer up to 10% of Eltel’s share capital, providing the company with additional financial and capital management flexibility as it navigates the critical infrastructure services market.
More about Eltel AB
Eltel AB is a leading Nordic service provider for critical infrastructure, delivering services and turnkey solutions for communication and power networks and renewable energy projects. With around 4,000 employees across the Nordics, Germany and Lithuania, the Stockholm-listed company generated EUR 817.8 million in net sales in 2025, supporting regional digitalization and electrification.
Average Trading Volume: 50,628
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.69B
For detailed information about ELTEL stock, go to TipRanks’ Stock Analysis page.