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Fabege shareholders OK board's FY'16 dividend proposal

Fabege AB's shareholders approved the board's proposal of 4.00 Swedish kronor per share dividend for the year 2016, with record date for payment set March 31.

The dividend is expected to be paid April 5 through Euroclear Sweden AB. The 2015 dividend was 3.50 kronor per share.

As of March 28, US$1 was equivalent to 8.78 Swedish kronor.