Exor: ok from shareholders’ meeting to distribution by dividend of 0.43 euros

The Exor shareholders’ meeting approved the 2021 financial statements and expressed a positive opinion on the 2021 remuneration report. The distribution of a dividend of € 0.43 per share was also approved, for a maximum amount of approximately € 99 million . Dividends will become payable on 22 June 2022 (ex-dividend date 20 June 2022) and will be paid according to the register of eligible shares as of 21 June 2022 (record date). It is learned in a note from Exor.

The shareholders’ meeting gave the go-ahead to the board of directors to repurchase shares of the company on the market for a maximum amount of 500 million euros and for the following 18 months from the date of the meeting, all in accordance with Dutch legislation and with the company statute. The shareholders’ meeting also authorized the board to cancel the ordinary shares held, or to be held, as equity, with the aim of optimizing the Company’s capital structure and creating greater flexibility in its management.