Össur’s Capital Structure and Dividend policy was updated in March 2019 by the Board of Directors:
The Capital Structure and Dividend Policy Össur’s policy is to maintain a healthy balance sheet and a level of net interest bearing debt of 1-2x to EBITDA*. Excess capital is returned to shareholders via annual cash dividends and/or purchase of own shares. Össur’s policy is to distribute a relatively stable cash dividend. The cash dividends will be decided annually in DKK per share. Return of capital to shareholders is based on objectives of maintaining a solid financial position, operational outlook and investment requirements.
*Excluding the impact of IFRS16 Leasing