The distribution in Topdanmark in the period 1998 to 2017 was in the shape of share buybacks. During this period, it was decided to cancel own shares corresponding to 78.17% of the share capital. At the Annual General Meeting in 2017, it was decided that Topdanmark will discontinue the share buybacks and instead transfer to distribution via dividend.
Minimum 70 % payout ratio on the annual distribution of dividend
will be recommended by The Board of Directors to the AGM to be distributed for 2019, representing a payout of 98.9.