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BriQ Properties REIC recorded notable shareholder interest in its four-year dividend reinvestment program, with a little over half of its investors choosing to reinvest their interim dividends. The company confirmed that EUR 2.1 million from the interim dividend will support a capital increase aimed at reducing debt, while EUR 1.6 million will be distributed as cash. BriQ also plans to issue 743,016 new shares under the reinvestment schedule on Nov 27, a date that is still upcoming. The response reflects steady investor confidence in the long-term structure of the program.
BriQ Properties REIC reported that 57.2% of its shareholders opted to participate in the company's four-year dividend reinvestment program. This participation rate indicates consistent investor interest in long-term value creation, a trend the company has seen in previous capital-related actions as well. Advertisement
The company stated that it will issue 743,016 new shares on Nov 27 as part of the reinvestment plan. This issuance forms a key part of its broader capital management approach, which has included similar periodic issuances in past years to strengthen its balance sheet.
From the total interim dividend of EUR 3.7 million, BriQ confirmed that EUR 1.6 million will be disbursed to shareholders as a cash payout. The remaining EUR 2.1 million will be directed toward a capital increase. This allocation is intended to support debt reduction, continuing the company's ongoing efforts to maintain financial stability and lower leverage.
BriQ has historically used such reinvestment programs to reinforce its capital structure, and the current participation level suggests that investors remain aligned with its strategy. The company has maintained a stable dividend policy over recent periods, which has contributed to consistent investor engagement in its reinvestment initiatives.
Source Reuters
5th Jun, 2025
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