Sharesholders of EVERGENT Investments endorse the distribution of dividends totaling RON 97.7 million, offering a yield of 7.64%.
EVERGENT Investments shareholders have given the green light to some major moves, as per the Extraordinary and Ordinary General Meetings held on April 29, 2025. Among the key decisions, they approved:
- Dividend: A hefty gross dividend of RON 0.11 per share, setting the stage for a 7.64% yield.
- 2025 Activity Program and Budget: The plan of action for the upcoming year, along with the corresponding income and expenditure budget, have been approved.
- Share Buyback Operation: A strategic move to reduce the share capital and implement stock option plans. The operation involves buying back up to 39,730,955 shares, which represents 4.46% of EVERGENT's share capital.
Chairman, Claudiu Doroș, commended the shareholders, stating, "We appreciate our shareholders' participation and trust in EVERGENT Investments' professionalism, which is the driving force behind our impressive financial performance." He further added that the company is committed to creating value through predictable dividend policies, share buybacks, and enhancing the performance of its asset portfolio.
CEO, Cătălin Iancu, echoed the sentiments, pointing out that the approved results demonstrate the effectiveness of EVERGENT's investment strategy and reiterating their commitment to achieving long-term profitability.
In addition to the above, EVERGENT Investments, with over 3 decades of experience in the Romanian capital market, will be investing RON 224.9 million in 2025. The company, a pioneer in its community, efficiently capitalizes on investment opportunities across various sectors such as agribusiness, real estate, and technology, as highlighted in their website - www.evergent.ro.
*This is a Press release.
Deep Dive:
- EVERGENT Investments has announced a detailed share buyback operation. It plans to buy back up to 39,730,955 shares, representing 4.46% of its share capital.
- The buyback operation aims to reduce the company's share capital for consolidation and enhance value per share for remaining shareholders.
- Stock option plans are also a part of the strategy, serving as incentives for employees and executives.
- The buyback operation will be carried out through two methods: market transactions for stock option plans and a public purchase offer aimed at reducing share capital through share cancellation.
- The price range for the buyback is between the market price and a maximum of RON 2.
- Both the market transactions for stock option plans and the public purchase offer will be conducted over a period of up to 18 months.
- EVERGENT Investments shareholders have approved a share buyback operation that aims to reduce the company's share capital for consolidation and enhance value per share for remaining shareholders.
- The share buyback operation will involve purchasing up to 39,730,955 shares, which represents 4.46% of EVERGENT's share capital.
- The buyback operation will employ two methods: market transactions for stock option plans and a public purchase offer aimed at reducing share capital through share cancellation.
- As part of the strategy, stock option plans will serve as incentives for employees and executives, with the buyback price range set between the market price and a maximum of RON 2.
