Voestalpine AG Implements New Capital and Dividend Strategy

Voestalpine AG announced a resolution for a new capital allocation and dividend policy to align with its 2030+ corporate strategy. The new strategy sets clear investment guidelines and manages balance sheet structures while revising the dividend policy to ensure sustainable shareholder returns.

The revised dividend policy proposes that 30% of earnings per share will be allocated to the annual dividend, contingent on a leverage ratio not exceeding 2.0 after payments. Additionally, a minimum dividend of EUR 0.40 per share will be guaranteed. This approach balances performance-related shareholder returns with maintaining a strong capital structure.

The policy, effective from the 2025/26 fiscal year, allows for extra distributions or share buy-backs given excellent earnings and favorable leverage ratios. This change does not impact the proposed EUR 0.60 dividend at the upcoming 2025 Annual General Meeting. The policy will undergo reviews every four years.