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ALSO Holding AG Announces Record Dividend Amidst Strategic Expansion

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ALSO Holding AG ( (CH:ALSN) ) has shared an announcement.

ALSO Holding AG announced a record dividend increase to CHF 5.10, approved at the General Meeting, reflecting a 629% rise since 2011. The company’s expansion into new markets like Norway, Austria, Great Britain, Czech Republic, and the USA enhances its ecosystem’s appeal to manufacturers and resellers, supporting long-term growth and strengthening its industry position.

More about ALSO Holding AG

ALSO Holding AG, based in Emmen, Switzerland, is a leading technology provider in the ICT industry, operating in 31 countries across Europe and globally through PaaS partners. The company offers a comprehensive ecosystem for over 135,000 resellers, providing hardware, software, and IT services from more than 800 vendors in over 1,570 product categories. ALSO’s business activities are categorized into Supply, Solutions, and Service, focusing on transactional offerings, customized IT solutions, and subscription-based cloud services. The Droege Group, a family-owned investment and consulting firm from Düsseldorf, Germany, is the main shareholder.

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €3.19B

For a thorough assessment of ALSN stock, go to TipRanks’ Stock Analysis page.

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