Rémy Cointreau: Result of the Option to Receive the 2024-25 Ordinary Dividend Payment in Shares [Yahoo! Finance]
REMY COINTREAU UNSP/ADR (REMYY)
NASDAQ:AMEX Investor Relations:
remy-cointreau.com/en/finance/publications
Company Research
Source: Yahoo! Finance
The Shareholders' Meeting of Rémy Cointreau (Paris:RCO), held on July 22, 2025 in Paris, has approved the payment of an ordinary dividend of €1.50 per share, related to the 2024-25 fiscal year, €1.0 in cash, and €0.5 with an option for payment in cash or in shares. The option period was open from July 30 to September 15, 2025 included. At the end of the option period 73.1% of rights were exercised in favor of the dividend payment in shares. For the purposes of the dividend payment in shares, 429,588 new shares will be issued. As a reminder, the issuance price of the new shares to be issued in payment of the dividend is set at €44.33. It represents 90% of the average of the Company's share prices on Euronext Paris of the 20 trading days preceding the date of the Shareholders' Meeting less the amount of the dividend, rounded up to the nearest euro cent. The settlement and delivery of the shares as well as their admission to trading on Euronext Paris will occur on October 1, 2025.
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