The Board of Directors of Schibsted ASA (“Schibsted Marketplaces”) has today approved an interim balance sheet for Schibsted Marketplaces as at 31 May 2024 (the “Interim Balance Sheet”) and resolved to propose paying a special cash dividend of approximately NOK 2 billion to shareholders, corresponding to NOK 8.56 per share.
The proposed special cash dividend constitutes the second tranche of the special cash dividend announced on 22 March 2024. The approval of the Interim Balance Sheet will also allow Schibsted Marketplaces to launch the first tranche of the share buyback programme, amounting to up to approximately NOK 2 billion, in the third quarter 2024. For further information please refer to the stock exchange announcement on 22 March 2024 related to Schibsted Marketplaces’ capital return package of NOK 24 billion to shareholders.
The Board of Directors calls for an extraordinary general meeting in Schibsted Marketplaces to be held on Monday, 2 September 2024 at 13:00 CET as a digital meeting. The notice, including the agenda for the meeting, is attached to this disclosure, and will be sent to shareholders. The agenda includes proposals for the approval of the Interim Balance Sheet and the proposed special cash dividend.
The Interim Balance Sheet, as well as an Independent Auditors Report on the Interim Balance Sheet can be found on our website at: https://schibsted.com/ir/corporate-governance/general-meeting/
A guide on how to attend the digital meeting is set out as an appendix to the notice.
Oslo, 8 August 2024
SCHIBSTED ASA
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
Contacts
- Jann-Boje Meinecke, VP FP&A and Investor Relations, +47 941 00 835, ir@schibsted.com