FRANKFURT, 14.10. (Reuters) – Volkswagen (VOWG_p.DE) on Friday announced that it would pay a special dividend of 19.06 euros ($18.66) per share from the proceeds of the public listing of Porsche AG (P911_p.DE).
The proposal will be voted on at an Extraordinary General Meeting (EGM) scheduled for December 16, and the special dividend is due on January 9, 2023, according to the EGM invitation published Friday.
Volkswagen previously announced that it would pay out 49% of the proceeds from Porsche AG’s IPO in early 2023, without giving further details.
($1 = 1.0216 euros)
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Reporting by Christoph Steitz, editing by Miranda Murray
Our standards: The Thomson Reuters Trust Principles.
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