Dividends #text

<h3>Dividends</h3>
<h4>Dividend policy</h4>
<p>Hiab Corporation&rsquo;s Board of Directors has confirmed the company&rsquo;s dividend policy. Hiab&rsquo;s target for the dividend: growing dividend in the range of 30&ndash;50 percent of EPS.</p>
<h4>Dividend distribution</h4>
<p>In dividend distribution, class B shares earn a higher dividend than class A shares. The difference between dividends paid on the two classes of shares is a minimum of one (1) cent and a maximum of two and a half (2.5) cents.</p>
<h4>Dividend 2024</h4>
<p>The Board of Directors proposes to the Annual General Meeting (AGM), that of the distributable profit, a dividend of EUR 1.19 for each class A shares and EUR 1.20 for each class B shares outstanding be paid for the financial year 2024.</p>
<p>The Board of Directors further proposes to the Annual General Meeting that of the distributable profit, the Board of Directors be authorised to decide on an additional dividend in the amount​ of EUR 1.56 for each class A shares and EUR 1.57 for each class B shares. The payment of the additional dividend will be subject to the closing of the sale of the MacGregor business, as announced by the company on 14 November 2024. The Board of Directors intends to resolve on the additional dividend in its meeting on 29 September 2025.&nbsp;</p>

Dividends / total return tool #iframe

Dividend tool

Authorisations #text

<h3>Authorisations</h3>
<p>Hiab's Board of Directors has been authorised by the Annual General Meeting in 2025 as follows:</p>
<h4>Repurchasing of own shares</h4>
<p>The Annual General Meeting of 26 March 2025 authorised the Board of Directors to decide on the repurchase and/or on the acceptance as pledge of Hiab's shares with non-restricted equity. Altogether no more than 6,400,000 shares in the company may be purchased and/or accepted as pledge, of which no more than 952,000 are class A shares and 5,448,000 are class B shares. This authorisation shall remain in effect for a period of 18 months from the resolution by the general meeting and it will supersede the previous one.</p>
<p>Issuance of shares as well as issuance of options and other special rights entitling to shares<br />The Annual General Meeting of 26 March 2025 authorised the Board of Directors to decide on the issuance of shares as well as the issuance of options and other special rights entitling to shares referred to in chapter 10 section 1 of the Limited Liability Companies Act. The authorisation shall remain in effect for a period of 18 months following the date of decision of the Annual General Meeting and it will supersede the previous one.</p>
<h4>Share buy backs and issues</h4>
<p>No share buy backs or share issues have been announced in 2025.</p>

<p>On 27 September 2024, Cargotec held 784,550 own class B shares.</p>
<h3>Authorisations</h3>
<p>Cargotec's Board of Directors has been authorised by the Annual General Meeting in 2024 as follows:</p>
<h4>Repurchasing of own shares</h4>
<p>The Annual General Meeting of 30 May 2024 authorised the Board of Directors to decide on the repurchase and/or on the acceptance as pledge of Cargotec's shares with non-restricted equity. Altogether no more than 6,400,000 shares in the company may be purchased and/or accepted as pledge, of which no more than 952,000 are class A shares and 5,448,000 are class B shares. This authorisation shall remain in effect for a period of 18 months from the resolution by the general meeting and it will supersede the previous one.</p>
<h4>Issuance of shares as well as issuance of options and other special rights entitling to shares</h4>
<p>The Annual General Meeting of 30 May 2024 authorised the Board of Directors to decide on the issuance of shares as well as the issuance of options and other special rights entitling to shares referred to in chapter 10 section 1 of the Limited Liability Companies Act. The authorisation shall remain in effect for a period of 18 months following the date of decision of the Annual General Meeting and it will supersede the previous one.</p>
<h3>Share buybacks and issues</h3>
<h4>Share issue in March 2024</h4>
<p>The Board of Directors of Cargotec Corporation has on 26 March 2024 decided on a directed share issue related to the reward payments for share-based incentive programmes. In the share issue, 172,993 own class B shares held by the company will be transferred on Thursday 28 March 2024 without consideration to the key employees participating in the share-based incentive programmes in accordance with the programme-specific terms and conditions.</p>
<p>The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting on 23 March 2023. According to the authorisation, the Board of Directors can decide on a share issue amounting to a maximum of 952,000 class A shares and 5,448,000 class B shares.</p>
<p>Release on 26 March 2024</p>
<h4>Share buyback in August 2024</h4>
<p>Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 30 May 2024 to repurchase the company's own shares. Cargotec will repurchase 400,000 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases will start on 9 August 2024 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum amount of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares.</p>
<p>Release on 7 August 2024</p>
<h4>Share buyback in February 2024</h4>
<p>Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 23 March 2023 to repurchase the company's own shares. Cargotec will repurchase 150,000 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases will start on 9 February 2024 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum number of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares. Based on the authorisation, Cargotec has repurchased 400,000 own class B shares.</p>
<p>Release on 8 February 2024</p>

2024

<h4>Share buyback in July 2023</h4>
<p>Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 23 March 2023 to repurchase the company's own shares. Cargotec will repurchase 400,000 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases will start on 21 July 2023 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum amount of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares.</p>
<p>Release on 20 July 2023</p>
<p>Cargotec repurchased 400,000 shares at an average price of 42.8460 EUR between 21 July and 18 August 2023</p>
<p>Release on 21 August 2023</p>
<h4>Share issue in March 2023</h4>
<p>The Board of Directors of Cargotec Corporation has today on 23 March 2023 decided on a directed share issue related to the reward payments for share-based incentive programmes. In the share issue, 224,797 own class B shares held by the company will be transferred on Friday 31 March 2023 without consideration to the key employees participating in the share-based incentive programmes in accordance with the programme-specific terms and conditions.</p>
<p>The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting on 23 March 2023. According to the authorisation, the Board of Directors can decide on a share issue amounting to a maximum of 952,000 class A shares and 5,448,000 class B shares.</p>
<p>Release on 23 March 2023</p>
<h4>Share buyback in February 2023</h4>
<p>Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 17 March 2022 to repurchase the company's own shares. Cargotec will repurchase 7,000 class B shares to be used as reward payments for Cargotec's share-based incentive programmes. The shares will be purchased at public trading on Nasdaq Helsinki Ltd. at the market price. The repurchases will start on 8 February 2023 at the earliest. According to the authorisation given to the Board of Directors by the Annual General Meeting, the maximum amount of shares that can be acquired is 952,000 class A shares and 5,448,000 class B shares.</p>
<p>Release on 6 February 2023</p>

2023

History #accordion

INDUSTRIES

APPLICATIONS

Applications

Capacity

Range

Application areas

Application area

Control system

LIFTING CAPACITY

Hoists

CE MARK

PRODUCT TYPE

RANGE

HIGH SEAT / CABIN

CONTROL SYSTEM

BOOM SYSTEM

Lifting capacity

Vehicle type

TRUCK GROSS VEHICLE WEIGHT

Application

For brand

Type of accessory

Your location is blocked. Allow location on your browser

Job title

Hiab locator

Buy as package

Can’t find what you’re looking for? 

No results

Services

Concrete Foundation

Construction

Construction and Landscaping

Agriculture

Material Handling

Oil Gas Mining

Utilities

Service & Distribution

Transport

Recycling

Frameworks Instalations

Frameworks / Installation

Tool Change

VEHICLE TYPE

Ranges

System

Non foldable cranes with long firs boom and second boom in-line. Extension system with cylinders well protected inside.

Longer first boom - some models with extandable first boom, standard or longer second boom with hydraulic or chain driven extensions.

These crane types are often used in very special applications. Example, cannot be installed as a regular crane due to a very short column.

Can be parcked in transport position - T-crane - Hook and Hoist application crane. Characterized by Stiff boom system with hydraulic extensions.

A 'traditional' loader crane with hydraulic extensions where second boom is foldable beside with column - medium an heavy range modelscan also be equipped with Jib for extra-long outreach.

Concept as L-type, but can be folded with an accessory in the boom tip. In folding position is the second boom placed above first boom (reversed folding).

Application Areas

HIGH SEAT / CABIN123

VECHICLE TYPE

VEHICLE TYPE1321

Inspection & Maintenance

Hoist

Changing contact page to Hiab Head Office will also change your current market to

Dividends and share buy backs

Dividends

Dividend policy

Dividend distribution

Dividend 2024

Dividend tool

Authorisations

Repurchasing of own shares

Share buy backs and issues

2024

2024

2023

2023