Altarea: Strong support for the stock dividend option

Altarea has announced a notable success for its dividend payment option in shares. At the Combined General Meeting on June 5, 2025, shareholders were given the option to receive 75% of the 2024 dividend, set at €8 per share, in the form of shares. The issue price was €83.12 per share. With a subscription rate of 76.7%, the total amount raised reached €101.6 million.

AltaGroupe and Crédit Agricole Assurances fully exercised their rights. A total of 1,222,192 shares were subscribed, resulting in a nominal capital increase of €18.7 million. The dividend, payable on July 7, 2025, will include these new shares, which will be traded on Euronext Paris.