össur annual report2009 - Euroland
össur annual report2009 - Euroland
össur annual report2009 - Euroland
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In 2009 Össur celebrated its 10 years of listing by ringing the NASDAQ stock<br />
market Closing Bell in New York City in November.<br />
dividend policy<br />
In 2009 dividends were not paid to Össur shareholders.<br />
In the event that an Annual General Meeting (AGM)<br />
resolves to pay dividends, the dividends will be paid to<br />
registered shareholders pursuant to the share ledger on<br />
the day of the AGM. There are no plans to pay dividends<br />
to shareholders in the near future; instead, earnings will<br />
be re-invested in the Company to help it grow for as long<br />
as the return on investment in Össur’s business yields<br />
acceptable returns.<br />
perforMance iceland<br />
turnover: usd 72.8 Million<br />
turnover rate: 20.7%<br />
voluMe: usd 88 Million shares<br />
spred: 1.05%<br />
high: 155.5<br />
loW: 71.9<br />
perforMance: 57%<br />
<strong>annual</strong> general Meeting<br />
The Company’s Annual General Meeting is held before<br />
the end of April each year. The meeting is convened<br />
using the same procedure as other shareholders meetings<br />
with at least three weeks’ notice. The results of the<br />
AGM are sent to the Stock Exchange immediately following<br />
the meeting and are also made available on the<br />
Company’s website.<br />
investor relations<br />
Placing emphasis on providing investors, analysts and<br />
other stakeholders with timely and accurate information,<br />
Össur hosts investor meetings, teleconferences and<br />
perforMance copenhagen*<br />
turnover: dkk 108.6 Million<br />
turnover rate: 13.9%<br />
voluMe: 20.9 Million shares<br />
spred: 3.22%<br />
high: 8<br />
loW: 4.7<br />
perforMance: 5%<br />
*Össur’s shares were listed on<br />
NASDAQ OMX Cph in September 2009<br />
total numBer of ShareS: 453,750,000<br />
market value at yearend 2009: USD 561 million.<br />
Stock SymBol: oSSr<br />
BloomBerg: oSS.ir<br />
reuterS: oSSr.ic<br />
internet presentations following each quarterly report,<br />
and other momentous occasions if needed.<br />
The CEO, CFO and IR manager travel frequently to<br />
London and Copenhagen to meet with current shareholders<br />
and other investors. They also visit other locations<br />
on a regular basis in order to meet with analysts,<br />
investors and other stakeholders. In the past, Össur has<br />
participated in various healthcare conferences such as<br />
the Goldman Sachs European Medtech and Healthcare<br />
Services Conference, and the Bank of America/Merrill<br />
Lynch European Healthcare Conference, both in London,<br />
as well as Piper Jaffrey Healthcare conferences in London<br />
and New York.<br />
47 <strong>annual</strong> report 09
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