The Management Board of Text SA ( “Company”) announces that on August 22, 2024 the Annual General Meeting decided on the distribution of profit for the year ended 31 March 2024.
Following the resolution of the Annual General Meeting, the Company's standalone profit, which amounted to 165 868 993.30 PLN in the financial year 2023/2024, will be allocated as follows:
- to allocate PLN 11 883 993.30 to top up the reserve capital
- to allocate PLN 153 985 000.00 for the payment of dividends to shareholders; which means that the value of the dividend per share will be PLN 5.98
taking into account advance payments for dividends for the financial year 2023/2024, i.e., advance payments in the amount of PLN 41.972.500, paid by the Company pursuant to the resolution of the Management Board of December 18, 2023, and advance payments in the amount of PLN 40 942 500, paid on July 30, based on the resolution of the Management Board of 28.06.2024, the outstanding dividend for the financial year 2023/2024 will be paid to shareholders in the total amount of PLN 71 070 000.00, i.e., PLN 2.76 per share.
- The dividend will be distributed among 25,750,000 shares of the Company.
- The Dividend Day was scheduled for 29 August 2024, and the payment date for September 5, 2024.