Thule Group AB stock (SE0007158910): Dividend approved, ex-date set for May 12

Thule Group's annual meeting on May 11, 2026 approved a dividend of SEK 4.15 per share with a record date of May 13, marking the first payment under the new resolution.

Thule Group AB held its Annual General Meeting on May 11, 2026, approving key shareholder resolutions including a dividend distribution and employee warrant program. The company's board recommended and shareholders approved a dividend of SEK 4.15 per share, with May 13, 2026 set as the record date for the first payment, according to MarketScreener as of May 11, 2026.

The stock will trade ex-dividend on May 12, 2026, meaning investors who purchase shares on or after that date will not be eligible to receive the upcoming dividend payment. Shareholders of record as of May 13 will receive the SEK 4.15 distribution, according to Moomoo as of May 10, 2026.

As of: May 11, 2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Thule Group AB
• Sector/industry: Consumer discretionary / Outdoor and mobility products
• Headquarters/country: Sweden
• Core markets: North America, Europe, Asia-Pacific
• Home exchange/listing venue: Nasdaq Stockholm (THULE)
• Trading currency: SEK
• US listing: OTC Markets (THLPF.US)

Thule Group AB: core business model

Thule Group is a Swedish manufacturer and distributor of premium products for active outdoor lifestyles and mobility solutions. The company designs and sells roof racks, bike carriers, luggage systems, and related accessories for vehicles, as well as products for outdoor recreation including backpacks, travel gear, and sports equipment. Thule operates globally with significant exposure to North American and European markets, serving both retail and direct-to-consumer channels.

Dividend and shareholder returns

The May 11 Annual General Meeting approved the dividend distribution as part of the company's capital allocation strategy. The SEK 4.15 per share dividend reflects Thule's commitment to returning cash to shareholders while maintaining investment capacity for product development and market expansion. The record date of May 13, 2026 establishes which registered shareholders are entitled to the payment.

For US-listed investors trading Thule through OTC markets under ticker THLPF.US, the ex-dividend date of May 12 is a critical marker. Investors must own shares before that date to qualify for the dividend; those purchasing on May 12 or later will not receive this distribution.

Employee warrant program

In addition to the dividend, shareholders approved a new employee warrant program allowing up to 750,000 subscription warrants to be issued to company employees. The program includes a retention bonus structure where participants may receive a gross salary addition equal to the amount paid for warrant subscriptions, provided they remain employed through the vesting period. The maximum dilution effect from full warrant exercise is approximately 0.69 percent, according to the meeting resolutions.

Conclusion

Thule Group's May 11 Annual General Meeting confirmed the company's capital return strategy through a SEK 4.15 per share dividend, with ex-dividend trading beginning May 12, 2026. The approval of the employee warrant program signals management confidence in long-term value creation while maintaining modest dilution. US investors holding Thule shares through OTC markets should note the ex-dividend date to ensure eligibility for the upcoming distribution.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.