Citycon decided on a quarterly distribution
CITYCON OYJ Inside information 18 June 2020 at 16:15 hrs
The Board of Directors of Citycon Oyj has today decided, on the basis of the authorisation by the Annual General Meeting 2020, that an equity repayment of EUR 0.1250 per share will be distributed from the invested unrestricted equity fund of the company. The equity repayment will be paid to a shareholder registered in the company’s shareholders’ register maintained by Euroclear Finland Ltd on the record date of the repayment 22 June 2020. The equity repayment will be paid on 30 June 2020.
Following the asset distribution on 30 June 2020, Citycon Oyj has distributed a total dividend and equity repayment of EUR 0.2875 per share during the year 2020. On 28 May 2020 it was announced that in 2020 the Board of Directors will use a maximum total amount of EUR 0.5375 per share from its total dividend and equity repayment authorization of EUR 0.65 per share from the Annual General Meeting 2020.
Helsinki, 18 June 2020
For further information, please contact:
Eero Sihvonen, Executive Vice President and CFO
Tel. +358 50 557 9137
Head of Investor Relations
Tel. +358 40 823 9497
Citycon is a leading owner, manager and developer of urban, grocery-anchored shopping centres in the Nordic region, managing assets that total almost EUR 4.5 billion. Citycon is No. 1 shopping centre owner in Finland and among the market leaders in Norway, Sweden and Estonia. Citycon has also established a foothold in Denmark.
Citycon has investment-grade credit ratings from Moody's (Baa3), Fitch (BBB-) and Standard & Poor's (BBB-). Citycon Oyj’s share is listed in Nasdaq Helsinki.