Shareholder remuneration policy
The current shareholder remuneration policy will remain in effect during the 2025–2028 period
The policy in force until 2028
In accordance with the shareholder remuneration policy in force for the 2025–2028 period, shareholder remuneration will be carried out through the repurchase of treasury shares for amortization and the payment of dividends.
This policy provides for a maximum payout of 50% of the net profit for the financial years 2025, 2026, 2027, and 2028, provided that the following conditions are met:
The Company earns a minimum profit of EUR 10 million.
At the end of the financial year to which the remuneration relates, the following financial ratios are met:
Net financial debt / ordinary ebitda less than or equal to 2; and
Net financial debt / equity less than or equal to 0.5.
The share repurchase for cancellation shall only be carried out if a dividend of at least the following percentages of net profit is distributed: 26% for 2025, 28% for 2026, 29% for 2027, and 30% for 2028.
The 2025–2028 shareholder remuneration policy was approved by the board of directors on May 9, 2025, and ratified by the general shareholders’ meeting on June 27, 2025.
Shareholder remuneration policy (2025-2028)
The amount allocated to the repurchase of own shares for redemption is subject to the percentage of the payout that is allocated to the distribution of the dividend, as both items may not exceed 50% of the payout for each year.
Related information
All documents and links on Ercros shareholder remuneration.