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Viscofan ( (ES:VIS) ) has issued an update.
Viscofan has announced the estimated schedule for its optional dividend system, ‘Viscofan Flexible Remuneration,’ for the fiscal year 2025. Shareholders can choose to receive their dividends in new shares, cash, or transfer their rights in the market. This initiative, approved by the General Shareholders’ Meeting, aims to provide flexibility and enhance shareholder engagement. The execution involves a detailed timeline for capital increase and dividend payments, indicating a strategic move to strengthen its market position and offer varied financial benefits to its stakeholders.
More about Viscofan
Viscofan is a company operating in the food industry, primarily known for producing artificial casings for meat products. It focuses on providing flexible remuneration options to its shareholders, reflecting its commitment to shareholder value.
YTD Price Performance: 10.02%
Average Trading Volume: 3,427
Technical Sentiment Signal: Sell
Current Market Cap: €3.12B
See more data about VIS stock on TipRanks’ Stock Analysis page.