Schibsted ASA Proposes Special Dividend and Share Buyback

Schibsted ASA (GB:0MHM) has released an update.

Schibsted ASA has announced plans to pay a special cash dividend of NOK 8.56 per share to its shareholders, which is part of a NOK 24 billion capital return package previously disclosed. The company’s Board of Directors has also approved an interim balance sheet, allowing the launch of a NOK 2 billion share buyback program in Q3 2024. An extraordinary general meeting is scheduled for September 2, 2024, to approve these proposals.

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