Lenzing AG Halts Dividend Policy Indefinitely: What's Next for Lenzing Stocks?

• Lenzing AG has decided to suspend its dividend policy until further notice
• The decision was made by the Managing Board of Lenzing AG
• The existing dividend policy was at least EUR 4.50 per share
• The suspension is for an unlimited period of time
• Despite the suspension, Lenzing AG expects a higher EBITDA for the 2024 financial year compared to the previous year
• The announcement was made on 11-Apr-2024.

The next important date, Quarterly report, at Lenzing is on 08.05.2024.

The price of Lenzing at the time of the news was 32,43EUR and was down -4,70 % compared with the previous day.
10 minutes after the article was published, the price was 31,85EUR this corresponds to a minus of -1,77 % since publication.

Lenzing

+1,66 %

+2,66 %

-3,59 %

-0,64 %

-48,50 %

-73,22 %

-68,79 %

-34,13 %

-62,49 %

ISIN:AT0000644505WKN:852927

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