Puuilo plc Proposes Dividend for the Financial Year 1 February 2023 - 31 January 2024 Paid in Two Instalments, Payable on 29 May 2024 and 24 October 2024 Respectively
March 27, 2024 at 02:30 am
Share
The Board of Directors of Puuilo Plc proposed for the Annual General Meeting to be held on 15 May 2024 that a dividend of EUR 0.38 per share be paid for the financial year 1 February 2023 - 31 January 2024 based on the
adopted balance sheet on shares held outside the company. The remaining distributable assets will remain in equity. The Board of Directors proposes that the dividend be paid in two instalments. The first instalment, EUR 0.19 per share, will be paid to shareholders registered in the company's register of shareholders kept by Euroclear Finland Ltd. on the instalment's record date 22 May 2024. The board proposes that the first dividend instalment payment date be 29 May 2024. The second instalment, EUR 0.19 per share, will be paid to shareholders registered in the company's register of shareholders kept by Euroclear Finland Ltd. on the instalment's record date 17 October 2024. The board proposes that the second instalment payment date be 24 October 2024. The Board proposes it be authorized to decide, if necessary, on new dividend payment record dates and pay dates for the second instalment, if the rules and
statutes of the Finnish book-entry system change or otherwise so require.
Puuilo Oyj is a Finland-based company, whose business is to provide administrative services to the Group's other companies. Puuilo Oyj is the Parent Company of Puuilo Group. The Group purchases the products from companies owned by related parties and sells them in retail stores. These companies manufacture products that are part of Puuilo's product range. The Company has more than 30 department stores around Finland and an online store. The product selection includes construction supplies, tools, car supplies, garden equipment, heating, ventilation, and air conditioning (HVAC) and electrical supplies, products for pets, as well as household goods, food supplies, and sports and leisure equipment. Puuilo serves mainly do-it-yourself customers and companies. Puuilo Oyj's subsidiaries are Puuilo Invest II Oy and Puuilo Tavaratalot Oy.
Puuilo plc Proposes Dividend for the Financial Year 1 February 2023 - 31 January 2024 Paid in Two Instalments, Payable on 29 May 2024 and 24 October 2024 Respectively