Hydro Annual Report 2011b

Share price development in 2011
Share price development in 2011
NOK
55
50
45
40
35
30
25
20
Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sept. Oct. Nov. Dec.
Hydro
Oslo Børs Benchmark Index
S&P 500 Index
sHAreHolDer InForMAtIon
Index
115
05:
Shareholder information
Introduction p.116
Dividend policy p.116
Buyback of shares p.116
funding and credit quality p.116
Major shareholders
and voting rights p.117
Key figures for the Hydro share p.119
Information from Hydro p.120
Annual General Meeting p.120
Change of address p.120
financial calendar 2012 p.120
QuICK overvIew
Hydro’s share price closed at NOK 27.74 at the end of 2011. The
return for 2011 was negative, amounting to NOK 14.87, or 35
percent. Hydro’s Board of Directors proposes to pay a dividend of
NOK 0.75 per share for 2011, for approval by the Annual General
Meeting on May 8, 2012, reflecting the company’s strong
commitment to provide a cash return to its shareholders. The dividend
reflects the operational performance for 2011 and a strong financial
position, also taking into consideration the uncertain market outlook.
There were 2,036,459,019 outstanding shares at the end of 2011.
Hydro had 54,625 registered shareholders as per the Norwegian
Central Securities Depository. The Ministry of Trade and Industry of
Norway was the largest of these with a shareholding of 34.26 percent
of the total number of ordinary shares authorized and issued.
Hydro’s shares are, in addition to the Oslo Stock Exchange, also
listed in London while our American Depositary Shares (ADSs)
trade on OTCQX International in the U.S., the premium over-thecounter
market tier.