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ABO-Group Announces Capital Reduction and Shareholder Distribution

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ABO-Group Announces Capital Reduction and Shareholder Distribution

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The latest update is out from ABO-Group Environment NV ( (DE:3T61) ).

ABO-Group Environment NV announced a capital reduction of €993,461.09, approved by its Extraordinary General Meeting, to distribute €0.094 per share to shareholders. This decision, supported by the Ruling Commission, will see the company’s shares traded ex-coupon on March 21, 2025, with the payment date set for March 25, 2025, impacting shareholder returns and potentially influencing market perceptions of the company’s financial strategy.

More about ABO-Group Environment NV

ABO-Group Environment, founded in 1995, is an international engineering firm specializing in environmental and soil studies, including quality, reuse, remediation, geotechnics, monitoring, ecology, and cultural heritage. Operating through subsidiaries in Belgium, France, and the Netherlands, the company serves sectors such as construction, infrastructure, mining, energy, and water, providing solutions from design to execution and maintenance.

YTD Price Performance: -13.69%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €45.45M

Learn more about 3T61 stock on TipRanks’ Stock Analysis page.

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