ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

No. of shares traded
Intrum Justitia
OMX Stockholm (OMXS)
OMX Stockholm
Commercial & Professional Services
SHARE CAPITAL
Intrum Justitia AB’s share capital amounted
to SEK 1,599,893 on December 31,
2010 distributed among 79,994,651 shares
with a quota value per share of SEK 0.02.
Each share entitles the holder to one vote
and an equal share in the company’s assets
and earnings.
SHARE-BASED
REMUNERATION fOR EMPLOYEES
Performance-Based Share Program
The Annual General Meeting in 2008 resolved
to adopt a Performance-Based Share
Program for 2008 consisting of a maximum
of 300,000 performance shares allocated to
no more than 70 individuals (the President
& CEO, other senior executives and other
key individuals). A performance share in
this program entitled the holder to acquire
one share in Intrum Justitia for SEK 10 at a
date in the future. The program was divided
into two parts, one of which, corresponding
to 50 percent of the performance shares, had a
performance period extending from January 1,
2008 to December 31, 2009, and expired with
no value. The second part, also corresponding
to 50 percent of the performance shares, had a
performance period extending from January 1,
2008 to December 31, 2010. Like the first part,
the performance criteria with respect to growth
in earnings per share etc. were not met and this
program expired with no value. See also Note
32, page 71. No similar share-based program
was decided upon in 2010.
MARKET CAPITALIZATION,
PRICE TREND AND TURNOVER
In 2010 the price of Intrum Justitia’s share
rose from SEK 89.75 to SEK 103.50, an increase
of 15.3 percent. During the same period
the NASDAQ OMX Stockholm index
increased by 21.2 percent. The lowest price
paid for the share during the year was SEK
74.50 on May 25, and the highest was SEK
103.50 on December 30. The price at the
end of the year gave a market capitalization
for Intrum Justitia of SEK 8,254 M (7,157).
Share trades were concluded on every business
day of the year. An average of 278,314
The share
SEK NO. OF SHARES
160.0
140.0
120.0
100.0
80.0
60.0
40.0
20.0
0.0
JAN-2006
MAR-2006
MAY-2006
JUL-2006
SEP-2006
NOV-2006
JAN-2007
MAR-2007
MAY-2007
JUL-2007
SEP-2007
NOV-2007
JAN-2008
MAR-2008
MAY-2008
JUL-2008
SEP-2008
NOV-2008
JAN-2009
MAR-2009
MAY-2009
JUL-2009
SEP-2009
NOV-2009
JAN-2010
MAR-2010
MAY-2010
JUL-2010
SEP-2010
NOV-2010
8 000 000
7 000 000
6 000 000
5 000 000
4 000 000
3 000 000
2 000 000
1 000 000
Omsatt antal aktier Intrum Justitia OMX Stockholm (OMXS) OMX Stockholm Commercial & Professional Services
shares were traded per day (402,383). The
turnover rate, i.e. the share’s liquidity, amounted
to 0.85 (0.92), compared to 0.87 (1.07) for
NASDAQ OMX Stockholm as a whole.
SHAREHOLDERS
At the end of 2010 Intrum Justitia had
7,168 shareholders, compared to 7,154
the year before. The seven members of the
Group Management Team held a combined
325,500 shares in Intrum Justitia at
the end of the year. In addition to that the
CEO holds 260,000 call options issued by a
former shareholder. Intrum Justitia’s board
members owned 46,500 shares and Intrum
Justitia AB was holding 250,000 treasury
shares at the end of 2010.
DIVIDEND POLICY
Intrum Justitia’s Board of Directors intends
to annually propose a dividend or equivalent
form of distribution to shareholders that
over time averages at least half of the year’s
net earnings after tax. Decisions relating to
dividend proposals take into account the
company’s future revenues, financial position,
capital requirements and the situation in general.
For the 2010 financial year the Board is
proposing a dividend of SEK 4.10 per share,
corresponding to around 72 percent of the net
earnings after tax. The proposed record date
for the dividend is April 5, 2011.
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