Arco Vara AS Approves Dividend for the Year Ended 31 December 2023, Payable on June 13, 2024, September 13, 2024, December 13, 2024 and March 13, 2025 Respectively
May 10, 2024 at 05:32 pm
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The annual general meeting of shareholders of Arco Vara AS held on 9 May 2024 approved to pay dividends to the shareholders EUR 0.06 per share. The dividend will be paid out in 4 instalments as follows: EUR 0.02 per share will be paid to the shareholders on 13 June 2024 by transfer to the shareholder's bank account. The list of shareholders entitled to respective dividends (record date) shall be fixed on 6 June 2024.
EUR 0.01 per share will be paid to the shareholders on 13 September 2024 by transfer to the shareholder's bank account. The respective dividend record date is on 6 September 2024. EUR 0.02 per share will be paid to the shareholders on 13 December 2024 by transfer to the shareholder's bank account.
The respective dividend record date is on 6 December 2024. EUR 0.01 per share will be paid to the shareholders on 13 March 2025 by transfer to the shareholder's bank account. The respective dividend record date is on 6 March 2025.
Arco Vara AS informed that the respective dividend payment ex-dates are: 5 June 2024; 5 September 2024; 5 December 2024 and 5 March 2025.
Arco Vara AS is an Estonia-based company active within the property industry. The Company focuses on the building construction, civil engineering, special engineering and real estate services. Its business consists of three segments: Development segment, which is engaged in the development of residential and commercial environments, as well as long-term investment in real estate; Service segment, which is involved in the real estate brokerage, valuation and management, and short-term investment in real estate, and Construction segment, which provides general and sub-contracting in the field of general construction, civil and environmental engineering, and construction supervision services. Arco Vara AS has numerous subsidiaries, including Arco Lozen EOOD, Acro Invest EOOD, and Acro Real Estate SIA. The Company operates in Estonia, Latvia and Bulgaria.
Arco Vara AS Approves Dividend for the Year Ended 31 December 2023, Payable on June 13, 2024, September 13, 2024, December 13, 2024 and March 13, 2025 Respectively