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The latest announcement is out from Iveco Group NV ( (IT:IVG) ).
Iveco Group shareholders have approved an extraordinary dividend funded by the net proceeds from the recently completed sale of the company’s Defence Business to Leonardo S.p.A., marking a significant return of capital to investors. The payout is estimated at between €5.7 and €5.8 per ordinary share, with the final amount to be set by the Board on 15 April 2026 and an ex-dividend date of 20 April, signaling a decisive strategic shift away from defense activities and potentially sharpening Iveco’s focus on its core commercial and propulsion operations.
The most recent analyst rating on (IT:IVG) stock is a Hold with a EUR20.00 price target. To see the full list of analyst forecasts on Iveco Group NV stock, see the IT:IVG Stock Forecast page.
More about Iveco Group NV
Iveco Group N.V. is a global automotive manufacturer with deep Italian roots and a broad international footprint, focused on sustainable mobility solutions and customer-oriented technologies. Its portfolio spans commercial vehicles under the IVECO brand, advanced propulsion systems via FPT, public transport solutions through IVECO BUS and HEULIEZ, and financial services from IVECO CAPITAL, supported by 33,000 employees across 16 plants and 22 R&D centers.
Average Trading Volume: 1,048,753
Technical Sentiment Signal: Buy
Current Market Cap: €6.63B
See more insights into IVG stock on TipRanks’ Stock Analysis page.