Schibsted Media Group is a listed company that intends its shares to be perceived as an attractive investment. A competitive return is to be based on a healthy economy. The goal is to ensure a competitive return through long-term growth in the share price and dividend. The company’s shares are in so far as possible to achieve a price which reflects the company’s long-term profit-earning capacity.
The strategy and vision which Schibsted’s Board has agreed on implies the Group’s operations must adapt quickly and developed rapidly. Schibsted’s capital structure must be sufficiently robust so that we can maintain the desired freedom of action. A cornerstone of Schibsted is its positions in the online and print Scandinavian media markets. Some of these operations are exposed to advertising markets that are subject to cyclical fluctuations. Our media houses’ strong brands and market-leading positions help to ensure a stable, good cash flow. Online Classifieds operations in both Scandinavia and other countries contribute strong, profitable growth.
THE SCHIBSTED SHARE - KEY FIGURES
| 2010 | 2009 | 2008 | 2007 |
| Highest share price (NOK) |
172.80 |
132,30 |
189,70 |
245,50 |
| Lowest share price(NOK)* |
119.10 |
27,66 |
51,17 |
177,75 |
| Share price at year end (NOK)* |
172.00 |
130.10 |
66.16 |
187.71 |
|
|
|
|
|
| Earnings per share |
27.04 |
4.74 |
(13.95) |
9.52 |
| Earnings per share - adjusted |
9.72 |
4.42 |
2.79 |
8.31 |
| Dividend per share |
3.00 |
1.50 |
0.00 |
6.00 |
|
|
|
|
|
| Average number of ustanding shares |
103,337,507 |
83,256,121 |
64,969,763 |
66,718,726 |
| Outstanding shares at year end |
103,773,174 |
103,303,474 |
64,589,359 |
66,014,664 |
*) Historical share price adjusted for the split out of subscription rights in connection with the rights issue in 2009.