Netel Holding AB’s AGM Approves Key Resolutions for Strategic Growth

An announcement from Netel Holding AB ( (SE:NETEL) ) is now available.

Netel Holding AB’s Annual General Meeting approved all proposals from the Board of Directors and the Nomination Committee, including the adoption of the income statements and balance sheet, and the decision not to pay dividends for the 2024 financial year. Key resolutions included the re-election of board members and auditors, approval of a long-term incentive program, and authorization for potential new share issues. These decisions are expected to strengthen Netel’s financial strategy and operational capabilities, potentially impacting its market positioning and stakeholder interests.

More about Netel Holding AB

Netel Holding AB is a leading company in the development and maintenance of critical infrastructure within the Infraservices, Power, and Telecom sectors in Northern Europe. With 25 years of experience, the company is involved in the entire value chain from design to maintenance of customer facilities. Netel reported net sales of SEK 3,300 million in 2024 and employs approximately 840 people. It has been listed on Nasdaq Stockholm since 2021.

Average Trading Volume: 62,951

Current Market Cap: SEK495.8M

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