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Mips AB Annual General Meeting Resolutions and Strategic Authorizations

Story Highlights
  • Mips AB approved financial statements and declared a dividend of SEK 6.50 per share.
  • The Board was authorized to issue new shares and repurchase up to 10% of its own shares.
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MIPS AB ( (SE:MIPS) ) has shared an announcement.

The Annual General Meeting of Mips AB resulted in several key resolutions, including the approval of financial statements and the discharge of the Board and CEO from liability for 2024. A dividend of SEK 6.50 per share was declared, with payments scheduled for mid-May 2025. The meeting also saw the re-election of board members and the authorization for the Board to issue new shares and repurchase up to 10% of its own shares, reflecting strategic flexibility in capital management.

More about MIPS AB

Mips AB is a company operating in the safety and protection industry, primarily known for its innovative helmet-based safety systems. The company focuses on enhancing helmet safety across various markets, including sports, motorcycling, and industrial applications.

Average Trading Volume: 58,124

Current Market Cap: SEK9.71B

Learn more about MIPS stock on TipRanks’ Stock Analysis page.

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