Asahi Group Holdings (JP:2502) has released an update.
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Asahi Group Holdings, Ltd. is set to increase its annual dividend forecast to 141 yen per share for the fiscal year ending December 2024 and will abolish the shareholder benefit program to focus on dividends for profit distribution. This decision aligns with the company’s successful reduction of its Net Debt/EBITDA ratio and its goal to achieve a 40% dividend payout ratio ahead of its 2025 target. The shift emphasizes the company’s commitment to enhancing shareholder returns while maintaining financial stability and sustainable growth.
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