Polaris Media ASA (DE:93J) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Polaris Media ASA has announced an extraordinary cash dividend of 1 billion NOK following the successful sale of its shares in FINN and Schibsted ASA, marking a significant profit and financial flexibility for future developments. This dividend proposal, equivalent to approximately 20.40 NOK per share, awaits approval at the upcoming general meeting. The sale and strategic decisions reflect Polaris Media’s effective value creation and confidence in Schibsted Marketplaces.
For further insights into DE:93J stock, check out TipRanks’ Stock Analysis page.