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Asahi Group Holdings ( (JP:2502) ) has shared an announcement.
Asahi Group Holdings announced a resolution to pay a year-end cash dividend of JPY 27.0 per share for the fiscal year ending December 31, 2024, subject to approval at the upcoming shareholders’ meeting. This decision reflects the company’s strategy to boost shareholder returns by utilizing free cash flow for dividends, after achieving a target Net Debt/EBITDA ratio of 2.49x. The payout ratio has been set at 40% a year earlier than planned, marking a positive financial milestone for Asahi.
More about Asahi Group Holdings
Asahi Group Holdings, Ltd. is a prominent player in the beverage industry, primarily known for its wide range of alcoholic and non-alcoholic drinks. The company focuses on sustainable growth and enhancing corporate value through strategic investments and stakeholder engagement.
YTD Price Performance: -10.87%
Average Trading Volume: 1,709
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.1B
See more data about 2502 stock on TipRanks’ Stock Analysis page.
