on Covivio Hotels (EPA:COVH)
Share dividend adopted by 82.31% of Covivio Hotels shareholders
The Covivio Hotels Combined General Meeting approved a dividend of €1.50 per share for the 2024 financial year, allowing shareholders to opt for payment in shares. This option was chosen by 82.31% of the capital. The subscription period ran from April 28 to May 13, 2025. The dividend payment and settlement-delivery of the new shares will take place on May 19, 2025.
The issue price of the new shares was set at €18.57, representing 90% of the average share price over the previous 20 trading days, less the dividend. A capital increase of €183 million was carried out, bringing the number of shares to 157,990,312.
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