UPM (UPM.HE, UPM FH)
- 15681.2
- 533.7
- 98.3
Company Profile
UPM is Europe's largest graphic paper producer, using cash from its mature paper business to fund 'Spearheads for Growth' organic expansion in pulp, bio-chemicals and biofuels. UPM aims to (1) finance organic 'Spearheads for Growth' projects, (2) pay appealing dividends (50%+ EPS) and (3) maintain modest leverage (<2x net debt/EBITDA).
Major Shareholders | % |
The Vanguard Group, Inc. | 3.5 |
Norges Bank Investment Management | 2.5 |
FIL Investments International | 2.3 |
Canada Pen. Plan Investment Board | 2.2 |
BlackRock Fund Advisors | 1.8 |