Dividends
Dividend policy
Hiab Corporation’s Board of Directors has confirmed the company’s dividend policy. Hiab’s target for the dividend: growing dividend in the range of 30–50 percent of EPS.
Dividend distribution
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.
Dividend 2024
On 26 March 2025, The Annual General Meeting approved a distribution of a dividend of EUR 1.19 per each class A share and a dividend of EUR 1.20 per each outstanding class B share be paid for the financial period ended 31 December 2024. The dividend shall be paid to a shareholder who on the record date of the dividend payment, 28 March 2025, is registered in the company’s shareholder register. The dividend payment day is 4 April 2025.
The Annual General Meeting also authorised the Board of Directors to decide on an additional dividend in the amount of EUR 1.56 per each class A share and EUR 1.57 per each outstanding class B share (the “Additional Dividend”). The payment of the additional dividend was subject to the closing of the sale of the MacGregor, which was announced by the company on 31 July 2025.
In its meeting on 29 September 2025, the Board of Directors of Hiab decided on the Additional Dividend according to the authorisation. The dividend shall be paid to a shareholder who on the record date of the dividend payment, 2 October 2025, is registered in the company’s shareholder register maintained by Euroclear Finland Ltd. The dividend payment day is 9 October 2025.
Dividend tool
Authorisations
Hiab's Board of Directors has been authorised by the Annual General Meeting in 2026 as follows:
Repurchasing of own shares
The Annual General Meeting of 24 March 2026 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.
The authorisation cancels the authorisation given by the Annual General Meeting on 26 March 2025 to decide on the repurchase and/or acceptance as pledge of the company’s own shares. The authorisation is effective until the end of the next Annual General Meeting, however no longer than 18 months.
Issuance of shares as well as issuance of options and other special rights entitling to shares
The Annual General Meeting of 24 March 2026 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 cancels the authorisation given by the Annual General Meeting on 26 March 2025 to decide on the issuance of shares as well as special rights entitling to shares. The authorisation is effective until the end of the next Annual General Meeting, however no longer than 18 months.
Share buy backs and issues
Share buy back in October 2026
Hiab Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 24 March 2026 to repurchase the company's own shares.
Hiab will repurchase 100,000 class B shares, corresponding to 0.15 percent of the total number of Hiab’s shares, to be used as reward payments for Hiab'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 26 October 2026 at the earliest and will be concluded no later than 30 December 2026. The maximum amount of money to be used for the repurchase of the company's own shares is EUR 8,000,000.
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.
Transfer of own shares in March 2025
On 26 March 2025, the Cargotec Board of Directors decided on a directed share issue without consideration to pay the share rewards under long-term incentive plans. In the share issue, the Company transfers 594,535 Cargotec class B shares held by the company to the programme participants. The shares constitute the share portion of the reward payments.
The directed share issue is based on the authorisation given by the Company's Annual General Meeting held on 26 March 2025 and the subsequent decision by the Company's Board of Directors.
For the latest information on own shares held by Hiab, please see list of major shareholders under Shares and Shareholders or latest quarterlt report under Reports and Presentations.