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Playtech Announces €1.8 Billion Special Dividend Post-Snaitech Sale

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Playtech Announces €1.8 Billion Special Dividend Post-Snaitech Sale

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Playtech ( (GB:PTEC) ) has issued an update.

Playtech PLC has announced a special dividend of €5.73 per ordinary share following the completion of its sale of Snaitech S.p.A. This distribution, totaling approximately €1.8 billion, will be paid to shareholders on 12 June 2025, with the option to receive the dividend in either Euro or Sterling. This move reflects Playtech’s commitment to returning value to its shareholders and may enhance its attractiveness to investors by showcasing its financial strength and strategic focus on core operations.

More about Playtech

Playtech PLC is a leading technology company in the gambling industry, providing software solutions and services for online gaming, sports betting, and retail operations. The company focuses on delivering innovative and scalable technology to gambling operators worldwide.

YTD Price Performance: 4.90%

Average Trading Volume: 548,763

Technical Sentiment Signal: Sell

Current Market Cap: £2.29B

Find detailed analytics on PTEC stock on TipRanks’ Stock Analysis page.

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