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HIGHLIGHTS
References in circular economy:
Volume of recycled material in the production process
>90%
Recycled content rate of our products
>70%
Reuse of waste generated
The Acerinox Group's Board of Directors will submit a proposal at the forthcoming General Shareholders' Meeting to increase the annual ordinary dividend by 20% to 0.60 euros gross per share.
This dividend will be paid as an interim payment of 0.30 euros gross per share in January and a complementary payment of the same amount in July. In 2023 Acerinox will allocate 150 million euros for this purpose.
This dividend will be constant in its total amount and will increase per share as shares are redeemed through share buyback programs.
The interim dividend will be paid on January 27, 2023. The last trading day of the share entitled to receive the dividend will be January 24.
Additionally, within the Acerinox Group's Shareholder Remuneration policy, the Board of Directors may agree on share buyback programs or payment of extraordinary dividends whenever market conditions and the Company's earnings performance so permit, and net debt does not exceed 1.2 times EBITDA.