Payment of a special cash distribution
Today, the Board of Directors of JUMBO approved the management proposal, for the payment of a special cash distribution of EUR 0,3850 per share for 2022.
During the recent announcement of the first half of 2022 results, the management had pre-announced the relevant proposition, given that the Group's cash position allow not only the special cash distribution but also the uninterrupted execution of the investment program.
In accordance with the Updated Financial Calendar:
It is noted that during the first six months of 2022 the Company’s management implemented its commitment to maintain the dividend policy of 2021 for 2022 as well and paid a total amount of EUR 0,77 per share (gross) in two equal distributions:
During the recent announcement of the first half of 2022 results, the management had pre-announced the relevant proposition, given that the Group's cash position allow not only the special cash distribution but also the uninterrupted execution of the investment program.
In accordance with the Updated Financial Calendar:
- Cut-off date of the extraordinary cash distribution is Friday December 9, 2022.
- Record date is Monday December 12, 2022.
It is noted that during the first six months of 2022 the Company’s management implemented its commitment to maintain the dividend policy of 2021 for 2022 as well and paid a total amount of EUR 0,77 per share (gross) in two equal distributions:
- The gross amount of EUR 0,3850 per share was paid in January 2022 in the form of an extraordinary cash distribution.
- The gross amount of EUR 0,3850 per share was paid in June 2022, also in the form of an extraordinary cash distribution.