SinterCast Names New CEO as AGM Backs Dividend, Growth Targets and Share Buyback Mandate

SinterCast AB ( (SE:SINT) ) has shared an announcement.

SinterCast’s 2026 Annual General Meeting marked a leadership transition as Deputy CEO Dr Vítor Anjos was appointed Managing Director and President & CEO, succeeding long-serving chief executive Dr Steve Dawson, who remains on the board as an adviser. Management reiterated confidence in the long-term role of internal combustion engines and set ambitious growth targets, aiming to double annual engine equivalents from about three million to six million by 2029 and eight million by 2031.

Shareholders approved the 2025 financial statements and an ordinary dividend of SEK 3.00 per share for 2024, to be paid in two installments later in 2026. The AGM also re‑elected the existing board, confirmed KPMG as auditor, updated executive pay guidelines to reflect the CEO change, and authorized share buybacks and disposals of up to 10 percent of outstanding stock to optimize capital structure and support potential acquisitions.

More about SinterCast AB

SinterCast AB is a Swedish technology company that provides process control systems for high-volume production of Compacted Graphite Iron, a material used to make stronger, lighter and more fuel-efficient engines. With 58 installations in 13 countries, it serves global foundry and automotive industries and is listed on the Nasdaq Stockholm Small Cap market.

Average Trading Volume: 5,008

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK722.1M

For an in-depth examination of SINT stock, go to TipRanks’ Overview page.