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Lauritzen Foundation could secure bigger returns

But making sure that DFDS a shareholder-friendly and attractive company is more important than increasing the returns for the Lauritzen Foundation, says Bent Østergaard, CEO of the Foundation and Chairman of DFDS.

Photo: DFDS

The proposal for a new capital structure, where profits, going forward, will be distributed among shareholders in the form of higher dividends gives stakeholders - including the biggest one, the Lauritzen Foundation - hopes of higher returns.

The Lauritzen Foundation currently owns 38.3 percent of DFDS and the foundation received around USD 13.5 million in returns from the shipping and logistics company in 2012. According to the foundation's CEO, Bent Østergaard, who also serves as Chairman of DFDS, the primary goal of the new capital structure and dividend policy is not to secure bigger returns, he says:

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