SARANTIS
Sarantis will trade ex-dividend of EUR 0.28 per share as of today. The dividend is subject to a 15% withholding tax, thus shareholders will receive a net amount of EUR 0.238/share, implying a net dividend yield of 1.7% based on yesterday’s closing price. The payment of the dividend to beneficiaries will commence on June 1st.
Sarantis announced it has completed its share buyback program, under which it could purchase up to 10% of its share capital. During the program Sarantis acquired 1.37m shares, i.e. 3.9% of its share capital, at an average price of EUR 9.17 per share and a total value of EUR 12.5m.
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