Doric Nimrod Air Two (GB:DNA2) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Doric Nimrod Air Two Limited, a Guernsey-based investment company, has announced the sale of its five remaining Airbus A380-861 aircraft to Emirates, with the sale expected to complete between October and November 2024. The total proceeds from the sale are anticipated to be £153.53 million, which the company intends to distribute to shareholders after covering liquidation and other costs, with payments expected early in 2025. Shareholders can also expect the declaration of the final targeted quarterly dividend in October 2024 before the company begins liquidation.
For further insights into GB:DNA2 stock, check out TipRanks’ Stock Analysis page.
