Shareholders and Dividends

Shareholder Composition and Dividends

An overview of the composition of Lundbeck shareholders, the dividend policy and the historical development in Lundbeck’s share capital. The Lundbeck share is listed on the Copenhagen Stock Exchange, Nasdaq Copenhagen.  

Shareholders

According to the Lundbeck share register, the company had approximately 52,000 shareholders at the end of 2020, representing approximately 99% of the outstanding shares. The Lundbeck Foundation (Lundbeckfond Invest A/S) is the company’s largest shareholder, holding 137,351,918 shares at the end of 2020, which equals 69% of the share capital and voting rights. The Lundbeck Foundation is the only shareholder to report a holding in excess of 5% of the share capital.

composition of ownership, end 2020

composition of free float, end 2020

The Lundbeck Foundation

For over 60 years, the Lundbeck Foundation has created powerful ripple effects bringing discoveries to life through investing in business and science at the front of their fields.

Capital & Dividend

Lundbeck's dividend policy is to pay out a dividend of 30% - 60% of profit for the year after tax, with due considerations to the company's growth plans, possible acquisitions and other liquidity requirements.

 

The company's share capital amounts to DKK 996 million nominal value, divided into shares of DKK 5 nominal value each. Each nominal share amount of DKK 5 carries one vote as provided in Article 10.5 of the Articles of Association.

 

In March 2001, the denomination of each share was reduced from DKK 20 nominal value to DKK 5 nominal value.
 

  Share capital, end period (DKKm)
Share issue (DKKm) Cancelation of treasury shares (DKKm) Exercise of warrants (DKKm) Total number of shares, end period (million)* Treasury shares, end period (million)*
2020 996 - - - 199.1 -
2019 996 - - - 199.1 -
2018 995 - - - 199.1 -
2017 995 - - - 199.0 -
2016 988 - - - 197.6 -
2015 987 - - - 197.3 -
2014 980 - - - 196.1 -
2013 980 - - - 196.1 -
2012 980 - - - 196.1 -
2011 980 - - - 196.1 -
2010 980 - - - 196.1 -
2009 980 - (4) - 196.1 -
2008 984 - (52) - 196.9 0.8
2007 1,036 - (30) 5 207.3 6.7
2006 1,061 - (78) 3 212.2 4.0
2005 1,136 - (36) 3 227.2 7.5
2004 1,169 - - - 233.7 5.4
2003 1,169 - - - 233.7 2.3
  Total dividend (DKKm) Dividend per share* Pay-out ratio
2020 498 2.5 31%
2019 816 4.10 31%
2018 2,389 12.00 61%
2017 1,592 8.00 61%
2016 483 2.45 40%
2015 0 0 0
2014 0 0 0
2013 547 2.77 64%
2012 392 2.00 35%
2011 685 3.49 30%
2010 739 3.77 30%
2009 602 3.07 30%
2008 453 2.30 30%
2007 531 2.56 30%
2006 334 1.57 30%
2005 477 2.10 30%
2004 517 2.21 30%
2003 414 1.77 30%
2002 267 1.14 21%

* Based on a share denomination of DKK 5

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