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DEA S.p.A. Approves 2024 Financials and Dividend, Plans Treasury Share Purchases

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DEA S.p.A. Approves 2024 Financials and Dividend, Plans Treasury Share Purchases

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Distribuzione Elettrica Adriatica S.p.A ( (IT:DEA) ) has shared an announcement.

DEA S.p.A. held its Shareholders’ Meeting where it approved the financial statements for 2024, reporting a profit of Euro 5,628,360. A dividend of Euro 0.25 per share will be distributed, and a portion of the profit will be allocated to reserves. The meeting also approved Deloitte & Touche for statutory audits for the years 2025-2027 and authorized the purchase and disposal of treasury shares, not exceeding 20% of the company’s share capital, under specific conditions.

More about Distribuzione Elettrica Adriatica S.p.A

Distribuzione Elettrica Adriatica S.p.A (DEA) is a prominent company engaged in the distribution of electricity and management of public lighting in regions including Abruzzo, Marche, Liguria, and Lombardy. It is listed on Euronext Growth Milan, a trading system organized by Borsa Italiana.

YTD Price Performance: -6.09%

Average Trading Volume: 2,547

Technical Sentiment Signal: Strong Buy

See more insights into DEA stock on TipRanks’ Stock Analysis page.

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