The Company’s Dividend Policy was approved by the Board of Directors in February 2013:
Össur’s policy is to distribute a relatively stable dividend. The dividends will be decided annually in DKK per share based on realized earnings, the operational outlook and capital considerations, starting at DKK 0.10 per share equivalent to 22% of net earnings in 2012.
In addition, Össur intends to purchase own shares with the aim to maintain a desired capital level of net interest bearing debt at USD 40 – 120 million.
Össur will continue to evaluate annual dividends and the purchase of own shares against the objectives of maintaining a solid financial position and the need for strategic investments.