BASF slashes dividend for next 4 years amid structural overhaul
WEB1 day ago · In this article: (Reuters) - German chemicals giant BASF on Thursday lowered its dividend proposal for the 2024 business year to at least 2.25 euros ($2.51) per share as part of its new corporate ...
BASF Slashes Dividend, Plans Portfolio Shake-Up in Strategy Shift ...
WEB1 day ago · In addition to its portfolio adjustments, BASF said it plans to pay out an annual dividend of at least 2.25 euros a share between 2025 and 2028, which compares with the 3.40 euros a share it paid ...
BASF Slashes Dividend, Weighs Unit Listing as Slump Deepens
WEB1 day ago · BAS.DE. (Bloomberg) -- BASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a ...
BASF sets new direction with corporate strategy and maintains …
WEB1 day ago · The aggregate dividend payment of around €8 billion in the four-year period will be complemented by share buybacks, which are targeted from 2027 onward at the latest and are expected to amount to around €4 billion. BASF’s strong balance sheet and cash flows will support the payment of dividends and the execution of share buybacks.
BASF to cut dividend for next four years, shed non-core assets in ...
WEB1 day ago · In addition to its portfolio adjustments, BASF (OTCQX:BASFY) said it plans to pay out an annual dividend of at least €2.25/share during 2025-28, down from €3.40/share it paid for 2023.
BASF slashes dividend amid worsening German industrial gloom
WEB1 day ago · Ahead of a capital markets day, BASF warned investors on Thursday that it would pay a dividend of “at least €2.25 per share” in 2024 and the following three years, having previously promised ...
BASF Seeks Overhaul With Lower Dividend, Focus on Core Units
WEB1 day ago · September 26, 2024 at 9:42 AM EDT. Save. BASF SEwill cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy ...
BASF Slashes Dividend, Weighs Unit Listing as German Woes …
WEBBASF SE will cut its dividend and hive off assets as part of a broad overhaul that could involve further plant closures in Germany to counter high energy prices and a persistent slump in China.. The new measures include preparing the agricultural unit for a possible listing, confirming a Bloomberg report from earlier this month. The segment, which makes crop protection products like herbicides ...
Germany's BASF to focus on 'core units' in major overhaul
WEB1 day ago · BASF also announced it would lower dividend payments. It now aims to pay a dividend of at least 2.25 euros per share in the coming years, compared to 3.40 euros per share in 2023.
BASF Slashes Dividend, Plans Portfolio Shake-Up in Strategy Shift ...
WEB1 day ago · In addition to its portfolio adjustments, BASF said it plans to pay out an annual dividend of at least 2.25 euros a share between 2025 and 2028, which compares with the 3.40 euros a share it paid for 2023. It foresees an aggregate dividend payment of around 8 billion euros in the four-year period, while buybacks are expected to amount to around ...