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According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.In November, at the request of shareholders, 10 Class A shares were converted to Class B shares. The total number of votes in the company thereafter amounts to 1,257,959,037.
Today, hygiene and health company Essity continues its commitment to breaking barriers to well-being by being a convening partner to the United Nations Foundation’s annual Global Dialogue on the Sustainable Development Goals (SDGs). In conjunction with the meeting, Essity will launch the seventh edition of the Hygiene and Health Report made in collaboration with United Nation’s entity Water Supply and Sanitation Collaborative Council (WSSCC).
Hygiene and health company Essity has been included in the Dow Jones Sustainability Index, one of the world’s most prestigious sustainability indices. The company has qualified for inclusion in the Dow Jones Sustainability Europe Index in the Household Products category.
According to Essity’s articles of association, owners of Class A shares have the right to have such shares converted to Class B shares. Conversion reduces the total number of votes in the company. When such a conversion has occurred, the company is obligated by law to disclose any such changes in this manner.
The Extraordinary General Meeting today resolved in accordance with the Board’s proposal to pay a dividend of SEK 6.25 per share.
Essity is raising its target for adjusted return on capital employed to above 17% by 2025. The previous target of above 15% for adjusted return on capital employed has been achieved during the last 12 months. The raised target will be achieved through the continued execution of Essity’s existing strategy, an accelerated digital transformation and further streamlining of production, logistics and distribution. Other financial targets remain unchanged.
Hygiene and health company Essity divests its 49% stake in Sancella Tunisia to the other owner Sotupa. Sancella Tunisia offers a range of Essity's products and brands in Tunisia, Algeria, Morocco, and Libya. Essity will retain a presence on these markets through license and distribution agreements.
Hygiene and health company Essity is launching TENA SmartCare, a new and reusable digital sensor for improved incontinence care. TENA SmartCare is available for both professional and family caregivers.
Essity's leading hygiene and health products are essential in the fight against the COVID-19 pandemic. To further help people tackle the new challenges of today, Essity is extending its offering by launching face masks in its retail and Professional Hygiene businesses.