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An announcement from Eurocommercial Properties NV ( (NL:ECMPA) ) is now available.
Eurocommercial Properties N.V. announced that 28.7% of its shareholders opted for a stock dividend over a cash dividend for the financial year ending December 2024. This decision will result in the issuance of 616,608 new shares, increasing the company’s share capital and reducing the cash payout by €17.3 million, reflecting a strategic move to strengthen its capital base.
More about Eurocommercial Properties NV
Eurocommercial Properties N.V. is a Euronext-quoted property investment company and one of Europe’s shopping centre specialists. Founded in 1991, Eurocommercial currently owns and operates 24 shopping centres in Belgium, France, Italy, and Sweden with total assets of almost €4 billion.
Learn more about ECMPA stock on TipRanks’ Stock Analysis page.