Vonovia SE / DE000A1ML7J1
31.05.2024 - 15:18:06Vonovia SE: 31% of shareholders choose scrip dividend
Vonovia SE / Key word(s): Dividend (news with additional features) 31.05.2024 / 15:18 CET/CEST The issuer is solely responsible for the content of this announcement. THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT SUITABLE FOR COMPLETE OR PARTIAL PUBLICATION OR DISCLOSURE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR OTHER COUNTRIES WHERE SUCH PUBLICATION OR DISCLOSURE WOULD CONSTITUTE A VIOLATION OF APPLICABLE LEGAL PROVISIONS. THIS PUBLICATION IS NEITHER AN OFFER TO BUY OR SELL NOR AN INVITATION TO TENDER AN OFFER TO BUY OR SELL SHARES. Bochum, 31 May 2024 – The eighth year in succession shareholders of Vonovia SE (“Vonovia”) had the choice between scrip dividend and cash dividend. Dividends were distributed within the subscription period in the form of new company shares for 30.93% of dividend-bearing shares, thus leaving around €227 million within the company. 8,207,927 new shares will be issued, so that the total number of Vonovia shares is set to increase to 822,852,925. The AGM approved the distribution of a €0.90 dividend per share for the 2023 financial year (2022: €0.85) with a 97.7% majority. Shareholders thus followed the proposal of the Supervisory Board and the Management Board to continue combining dividend continuity with capital discipline. The new shares are expected to be credited to the shareholders’ accounts on 7 June 2024, while cash dividends and any fractional amounts are expected to be paid out on 4 June 2024. Financial calendar 2024: 01.08.2024: Half-Year Report 2024 06.11.2024: Interim Statement for the Third Quarter 2024 About Vonovia Vonovia SE is Europe’s leading private residential real estate company. Vonovia currently around 543,000 residential units in all attractive cities and regions in Germany, Sweden and Austria. It also manages around 70,000 apartments. Its portfolio is worth approximately € 83.7 billion. As a modern service provider, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company’s successful development. Therefore, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings. The Bochum based company has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of approximately 12,000 employees. Additional Information: Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange ISIN: DE000A1ML7J1 WKN: A1ML7J Common code: 094567408 Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court, HRB 16879 Business address of Vonovia SE: Universitätsstraße 133, 44803 Bochum, Germany This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia (“forward-looking statements”) that reproduce various assumptions regarding, e.g., results derived from Vonovia’s current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release. Additional features: File: 240531_PR_Vonovia SE_ 31% of shareholders choose scrip dividend 31.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | Vonovia SE |
Universitätsstraße 133 | |
44803 Bochum | |
Germany | |
Phone: | +49 234 314 1609 |
Fax: | +49 234 314 2995 |
E-mail: | investorrelations@vonovia.de |
Internet: | www.vonovia.de |
ISIN: | DE000A1ML7J1 |
WKN: | A1ML7J |
Indices: | DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1915705 |
End of News | EQS News Service |
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