Erg, Shareholders' Meeting approves 2025 budget and €1 dividend per share

Erg's shareholders' meeting approved the 2025 financial statements, which reported a net profit of EUR 28.3 million, and examined the 2025 consolidated financial statements, which closed with an adjusted net profit of EUR 155 million. Also approved was the distribution of a unit dividend of EUR 1 per share, payable from 20 May. The shareholders then confirmed Paolo Arlandini as a director and the board of directors, following the shareholders' meeting, confirmed him in the strategic committee.

Furthermore, the purchase of up to a maximum of 15.032 million treasury shares, including those already held by the company on the date of today's Shareholders' Meeting, with a nominal value of EUR 0.1 each, was authorised at a unit price, including accessory purchase charges, no less than 30% lower in minimum and no more than 10% higher in maximum, compared to the reference price that the share will have recorded in the stock exchange session on the day prior to each individual transaction. This, explains a note, 'in order to optimise the capital structure with a view to maximising value creation for shareholders, also in relation to available liquidity'.