Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25

Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25

(IN BRIEF) Neste, a Finnish company, has decided to pay a second extraordinary dividend of EUR 0.25 per share, in addition to the regular dividend approved at its Annual General Meeting in March. The second extraordinary dividend will be paid on October 6, 2023, with a record date of September 29, 2023, matching the dates for the regular dividend installment of EUR 0.51 per share. This decision reflects Neste’s commitment to providing value to its shareholders amid the current business environment.

(PRESS RELEASE) ESPOO, 27-Sep-2023 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading producer of sustainable aviation fuel and renewable diesel, and renewable feedstock solutions for various polymers and chemicals industry uses, announces that following the decisions made at Neste’s Annual General Meeting (AGM) on March 28, 2023, the company’s Board of Directors has opted to pay a second extraordinary dividend of EUR 0.25 per share. This additional dividend is in addition to the ordinary dividend approved by the AGM earlier this year.

The second extraordinary dividend will be distributed to shareholders registered in the company’s shareholder register maintained by Euroclear Finland Oy on the record date of Friday, September 29, 2023. Shareholders can expect to receive the second extraordinary dividend on Friday, October 6, 2023. Notably, both the second extraordinary dividend and the second installment of the ordinary dividend, amounting to EUR 0.51 per share, will share the same record and payment dates.

The decision to pay a second extraordinary dividend reflects the company’s commitment to delivering value to its shareholders, taking into account the prevailing business conditions. Neste remains focused on creating sustainable shareholder value while contributing to a more environmentally responsible future.

Media contact:

Susanna Sieppi
Vice President, Communications

Further information: Please contact Neste’s media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET)

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials.

As the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.

The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste’s revenue stood at EUR 25.7 billion. Read more: neste.com

SOURCE: Neste Corporation