Adjusts Dividend Policy

TX AG

29/11/2024 05:34

Nov 29 (Reuters) - TX Group AG  TXGN.S :
    * TX GROUP ADJUSTS DIVIDEND POLICY
    * DIVIDEND PROPOSAL TO ANNUAL GENERAL MEETING WILL CONTINUE
TO BE
BASED ON FREE CASH FLOW B. M&A AFTER DIVIDENDS TO MINORITIES AND
REPAYMENT OF LEASING LIABILITIES
    * RANGE WILL BE EXTENDED TO 30 TO 50 PER CENT OF RESULTING
CASH
FLOW
    * DIVIDEND OF CHF 4.00 PER SHARE WILL BE PROPOSED FOR
FINANCIAL
YEARS 2024, 2025 AND 2026 FROM AVAILABLE FUNDS

Source text:  ID:nEQ5RwsGga 
Further company coverage:  TXGN.S 

 (Reporting by Berlin Newsroom)
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