Dividend

We aim to pay dividends corresponding to at least 70% of post-tax profits. The average dividend ratio over the past 10 years was 70%.

A dividend of NOK 7,75 was distributed in respect of the financial year 2022.

Distributed dividends

* Extraordinary dividend

All dividend figures have been adjusted for the share splits effected in 1998 (1:2), 2000 (1:2) and 2007 (1:5).

When shares in Veidekke purchased in 2005 or earlier are sold, RISK must be taken into consideration when calculating the taxable gain. Only Norwegian shareholders are required to adjust their cost price by a RISK amount.

Share repurchase policy

In periods when the group’s financial position is strong, Veidekke may supplement its dividend policy with share repurchasing. The general meeting has authorised the board of directors to repurchase up to 10% of the company’s share capital, although share repurchases are only considered when the share price is deemed to be below actual market value. In recent years, Veidekke has prioritised dividends and operational investments over share repurchases.

Completed share repurchase programmes