Strategy 2030: Investments to Future-Proof SEB
Shareholders and dividends
Dividends paid - new dividend policy as of 2021: ~50% of net profit
SEK bn
30
Total dividend
Net profit
■Share buyback
25
45
20
20
15
10
5
30 Sep 2022
Investor AB
Alecta Pension Insurance
Swedbank Robur Funds
AMF Insurance & Funds
Trygg Foundation
BlackRock
Own shareholding
Vanguard
SEB Funds
Harding Loevner
SEB's largest shareholders
Share of capital,
per cent
20.9
5.8
4.6
4.3
4.2
2.7
2.4
2.3
2.3
1.9
2012 2013 2014 2015 2016
2017
2018 2019
2020 2021
Total share of foreign shareholders
26.5
DPS,
2.75 4.00 4.75
5.25 5.50 5.75
SEK
Payout
ratio
52% 59% 54% 66% 75% 70%
6,00+ 0.00 4.10+ 6.00
0.50
4.10
70% 0%
Source: Euroclear Sweden/Modular Finance.
113% 51%
70
70
•
A first 2.5bn share buyback program ran between Oct 2021-Mar 2022. A second SEK 2.5bn
share buyback program ran between Mar-Oct 2022. A third SEK 1.5bn program is running
between Oct-Dec 2022
Note: Net profit and payout ratio 2014-2021 excluding items affecting comparability. Payout ratio 2018 excluding extra ordinary DPS, including the latter payout 76%. The ordinary and further ordinary dividend paid in 2021 of SEK 4:10 and
SEK 4:10 respectively apply to years 2019-2020 when dividend restrictions were in place leading to a pro forma payout ratio for these years of around 50 per cent. DPS and the payout ratio for 2021 exclude share buybacks.
SEBView entire presentation