on KAP AG (isin : DE0006208408)
KAP AG Announces Proposal to Suspend Dividend for 2023 Financial Year
KAP AG, a company based in Fulda, Germany, has indicated that its management board will propose withholding dividends for the 2023 financial year. This decision follows a review of preliminary figures, which suggest a less satisfactory financial performance amidst global economic challenges. The proposal will be presented to shareholders for approval at the Annual General Meeting scheduled for 12 July 2024.
The company highlighted that its financial outcomes in 2023 were negatively influenced by ongoing global crises, leading to the considered decision to not distribute dividends. KAP AG aims to release its preliminary financial figures today and plans to publish a comprehensive annual report on 26 April 2024.
R. P.Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all KAP AG news