Volkswagen Shareholders Approve Special Dividend From Porsche IPO
16 Dezember 2022 - 05:35PM
Dow Jones News
By Pierre Bertrand
Volkswagen AG shareholders approved on Friday a special dividend
of 19.06 euros ($20.26) per ordinary and preferred share during the
company's extraordinary general meeting.
The payout to shareholders corresponds to 49% of the gross
proceeds generated by the initial public offering of Porsche AG,
the German car maker said.
Volkswagen said shareholders approved that the payout will be
distributed on Jan. 9.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
December 16, 2022 11:20 ET (16:20 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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