Brief: Sto SE & Co. Plans To Reduce Dividend Distribution To Shareholders

STO SE & Co KGaA

25/03/2025 10:32

March 25 (Reuters) - STO SE & CO KGAA STOG_p.DE:

STO SE & CO. KGAA PLANS TO REDUCE DIVIDEND DISTRIBUTION TO SHAREHOLDERS

LIMITED PREFERENCE SHAREHOLDERS ARE TO RECEIVE AN UNCHANGED BASIC DIVIDEND OF EUR 0.31 AND A REDUCED BONUS OF EUR 3.00

LIMITED ORDINARY SHAREHOLDERS ARE TO RECEIVE AN UNCHANGED BASIC DIVIDEND OF EUR 0.25 AND A REDUCED BONUS OF EUR 3.00 (PREVIOUS YEAR: EUR 4.69)

BACKGROUND TO PROPOSED REDUCTION IN DIVIDEND IS EXPECTED LOWER SALES AND EARNINGS FIGURES COMPARED TO PREVIOUS YEAR

NO FURTHER MEDIUM-TERM FORECAST BEYOND A PERIOD OF ONE YEAR WILL BE ISSUED UNTIL FURTHER NOTICE

DECISION FOR NO FORECAST IS DUE TO GENERALLY VOLATILE ECONOMIC AND POLITICAL CONDITIONS, PARTICULARLY FOR CONSTRUCTION INDUSTRY

Source text: ID:nEQ5zDKfha

Further company coverage: [STOG_p.DE]

 (Gdansk Newsroom)

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