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LPP SAUPDATE: LPP fashion to pay advance dividend of PLN 330 per share
Listed fashion retail group LPP will pay an advance dividend for 2024/2025 financial year of PLN 612.4 million (EUR 145.4 mln) which translates into PLN 330 (EUR 78.34) per share, LPP said in a market filing. The company's board will recommend to the shareholders a total dividend of at least PLN 660 (EUR 156.68) per share.
All the 1,855,890 company's shares are subject to dividends.
The dividend day has been set for April 23, 2025.
The advance dividend payment day has been set for April 30, 2025.
In addition, it was added that LPP's management board intends to submit a proposal to the general meeting to pay a dividend of at least PLN 660 (EUR 156.68) per share and to set the dividend payment date as October 31, 2025.
In 2024, the company paid a total dividend of PLN 610 (EUR 144.81) per share.
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