Upcoming Dividend Payment Details for Grigeo Group AB Investors

Author: Evelyn Baker Updated: 04-29-2025 11:16 AM

Understanding Dividend Payments for Grigeo Group AB

The Annual General Meeting of Shareholders for Grigeo Group AB (trading code GRG1L, ISIN code LT0000102030) has generated keen interest among investors. This meeting is crucial for shareholders as it discusses key decisions, including dividend payments. The rights accounting day, a pivotal date for shareholders, has been established. Investors holding shares by this date will be recognized for dividend distribution.

Key Dates to Remember

The rights accounting day that determines who will receive dividends is yet to be confirmed. However, essential dates related to dividend payments have been outlined. The ex-date, which marks the last day that shares can be bought to receive the upcoming dividend, is an important aspect for anyone looking to invest in the company’s stock. Be aware that shares bought on or after this date do not qualify for the dividend.

Dividend Payment Amounts

According to the decisions made during the General Meeting, Grigeo Group AB plans to distribute dividends amounting to EUR 7,884,000. This translates to a payout of EUR 0.06 per share. The payment of these dividends will begin shortly after the designated date and will bring significant returns for shareholders who have stayed invested in the company.

Distribution Methodology

The company has arranged the payment of dividends carefully to ensure all shareholders receive their due amounts efficiently. The distribution will occur in two primary methods:

Brokerage Account Holders

For shareholders who have their shares recorded through a financial brokerage or credit institution, the dividends will be deposited directly into their accounts after applicable withholding taxes mandated by Lithuanian law are deducted. This streamlined process helps facilitate quick access to funds for shareholders.

Custodian Account Holders

Shareholders whose shares are recorded by an authorized custodian can expect similar treatment. The dividends will be credited to their specified IBAN accounts at any designated financial institution. It’s crucial for these shareholders to communicate their preferred banking details to ensure smooth transactions.

The Role of Company Leadership

Under the guidance of Chief Executive Officer Tomas Jozonis, Grigeo Group AB continues to maintain transparency and effectiveness in its operations. The company’s commitment to its shareholders is evident through their clear communication regarding dividends and shareholder rights.

Looking Ahead

Investors in Grigeo Group AB should stay informed about future meetings and announcements, as these will provide additional insights into financial performance and potential dividend adjustments. Keeping an eye on these developments can help investors make informed decisions regarding their portfolios.

Frequently Asked Questions

What is the significance of the ex-date?

The ex-date is crucial as it determines the last day to buy shares to qualify for the upcoming dividend payments.

When will the dividends be paid out?

The dividends are expected to commence distribution soon after the specified payment date subsequent to the General Meeting decisions.

How will the dividends be distributed?

Dividends will be distributed through brokerage accounts and custodian accounts, ensuring all shareholders receive their earnings efficiently.

What amount is the dividend per share?

Shareholders will receive EUR 0.06 per share, according to the recent announcement regarding dividends.

Who should I contact for more information?

For any inquiries, shareholders can reach out to Tomas Jozonis, the Chief Executive Officer, at +370 5 243 5801.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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