Equity and dividend 

The company has a sound level of equity tailored to its objectives, strategy and risk profile. As of 31 December 2011, the total equity amounted to USD 1 673 million, corresponding to 38% of the total capital.

A dividend policy approved by the WWH board states that the company’s goal is to provide shareholders with a high return over time through a combination of rising value for the company’s shares and payment of dividend. Subject to the results achieved and future investment requirements, the objective is to have a consistent semi-annually dividend. In 2011, the company paid dividend totalling NOK 5.50 per share.

As of 31 December 2011, WWH holds 100 000 own shares. The board is authorised by the general meeting to, on behalf of WWH, acquire shares in the company. The company can pursuant to the statutes own up to 10% of the current share capital. The
minutes from the annual general meeting in April 2011 describes the authorisation, expiring on 30 June 2012. The board cannot increase the company’s share capital without a specific mandate from the general meeting.