Schibsted ASA (GB:0MHM) has released an update.
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Schibsted ASA is set to distribute a special cash dividend of approximately NOK 500 million to shareholders in the second quarter of 2025, following expected proceeds from its stake in Adevinta. This strategic move highlights Schibsted’s commitment to returning surplus cash to its investors, alongside maintaining a conservative financial approach. The dividend plan awaits approval at the upcoming Annual General Meeting on May 7, 2025.
For further insights into GB:0MHM stock, check out TipRanks’ Stock Analysis page.
