Mondi (MNDI)

Sector:

Manufacturing

Index:

FTSE 100

1,563.50p
   
  • Change Today:
      9.50p
  • 52 Week High: 1,578.50
  • 52 Week Low: 1,179.72
  • Currency: UK Pounds
  • Shares Issued: 441.41m
  • Volume: 1,878,583
  • Market Cap: £6,902m
  • RiskGrade: 133

Mondi to return proceeds from sale of Russian assets via special dividend

By Michele Maatouk

Date: Thursday 07 Dec 2023

LONDON (ShareCast) - (Sharecast News) - Mondi said on Thursday that it had received the final payments from the sale of its Russian assets and that net proceeds of around €775m would be distributed to shareholders in the form of a special dividend with an associated share consolidation.
The paper and packaging group announced in September that it had agreed to sell its last remaining facility in Russia.

"Distributing the net proceeds by way of a special dividend allows for a timely return of cash to Mondi shareholders," it said.

"The accompanying share consolidation is intended, as far as possible, to maintain the comparability of the company's share price before and after the special dividend is paid."

If approved, the special dividend is expected to be paid, and the share consolidation to take effect, in the first quarter of 2024.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mondi Market Data

Currency UK Pounds
Share Price 1,563.50p
Change Today 9.50p
% Change 0.61 %
52 Week High 1,578.50
52 Week Low 1,179.72
Volume 1,878,583
Shares Issued 441.41m
Market Cap £6,902m
RiskGrade 133

Mondi Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
23.50% above the market average23.50% above the market average23.50% above the market average23.50% above the market average23.50% above the market average
7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average7.69% below the sector average
Price Trend
68.09% above the market average68.09% above the market average68.09% above the market average68.09% above the market average68.09% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Income
11.31% above the market average11.31% above the market average11.31% above the market average11.31% above the market average11.31% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Growth
76.69% below the market average76.69% below the market average76.69% below the market average76.69% below the market average76.69% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

Mondi Dividends

  Latest Previous
  Final Special
Ex-Div 04-Apr-24 29-Jan-24
Paid 14-May-24 13-Feb-24
Amount 46.67¢ 160.00¢

Trades for 03-May-2024

Time Volume / Share Price
16:35 502,330 @ 1,563.50p
16:35 421 @ 1,563.50p
16:35 25 @ 1,563.50p
16:35 99 @ 1,563.50p
16:35 98 @ 1,563.50p

Mondi Key Personnel

CEO Andrew King
Chair Philip Yea

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