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Banco di Desio Approves 2024 Financials and Dividend Distribution

Story Highlights
  • Banco di Desio approved its 2024 financial statements and dividend distribution.
  • The Assembly also endorsed an incentive plan and changes to enhance management and sustainability reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Banco di Desio e Della Brianza SPA ( (IT:BDB) ) is now available.

Banco di Desio e della Brianza S.p.A. held its Assembly, approving the financial statements for 2024 and the distribution of dividends to shareholders. The Assembly also approved the annual remuneration report and an incentive plan for key personnel, alongside changes to the Articles of Association to enhance management efficiency and sustainability reporting. The financial statements showed a net profit of €124.19 million, with a dividend of €0.4566 per share to be paid on April 30, 2025. The company’s ongoing buyback program has reduced the number of shares in circulation, affecting the allocation of dividends and statutory reserves.

More about Banco di Desio e Della Brianza SPA

Banco di Desio e della Brianza S.p.A. operates in the financial services industry, providing banking and financial products to its customers. The company focuses on offering a range of services including retail and commercial banking, asset management, and financial advisory services.

YTD Price Performance: 30.41%

Average Trading Volume: 1,137

Technical Sentiment Signal: Sell

Current Market Cap: €1.02B

See more insights into BDB stock on TipRanks’ Stock Analysis page.

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