EQS-Adhoc: Talanx Aktiengesellschaft: New dividend policy

AD-HOC ANNOUNCEMENT

Publication of inside information pursuant to Article 17 (1) of Regulation (EU) No 596/2014 on market abuse (Market Abuse Regulation - MAR)

New dividend policy: Dividend for financial year 2024 to be increased to EUR 2.70 per share, target dividend 2027 of EUR 4.00 per share based on expected net income target of more than EUR 2.5bn

Subject to a corresponding profit and liquidity situation of the company, the Management Board of Talanx AG intends to increase the dividend for financial year 2024 by EUR 0.20 from the originally planned EUR 2.50 per share to EUR 2.70 per share and to submit a corresponding proposal to the company's Annual General Meeting in May 2025.

Based on an expected group net income in excess of EUR 1.9bn for FY 2024, the Executive Board is also aiming to achieve an increase in the group net income of 30% to more than EUR 2.5 billion by financial year 2027 and to increase the dividend - subject to the actual business performance and the respective approval of the Supervisory Board and the company's Annual General Meeting - by a further total of almost 50% to a target value of EUR 4.00 per share.

 

Contact:
Bernd Sablowsky
Head of Investor Relations
HDI-Platz 1
30659 Hannover
Tel: +49 511 3747 2231