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VOW3

Volkswagen AG

121.54
3.46 (2.93%)
Share Name Share Symbol Market Type
Volkswagen AG XE:VOW3 XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.46 2.93% 121.54 121.76 121.54 121.86 118.94 119.08 1,443,204 16:45:00

Volkswagen Shareholders Approve Special Dividend From Porsche IPO

16/12/2022 4:35pm

Dow Jones News


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By Pierre Bertrand

 

Volkswagen AG shareholders approved on Friday a special dividend of 19.06 euros ($20.26) per ordinary and preferred share during the company's extraordinary general meeting.

The payout to shareholders corresponds to 49% of the gross proceeds generated by the initial public offering of Porsche AG, the German car maker said.

Volkswagen said shareholders approved that the payout will be distributed on Jan. 9.

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

December 16, 2022 11:20 ET (16:20 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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