voestalpine AG’s Management Board today passed the resolution of a new capital allocation strategy, which will support the implementation of the 2030+ corporate strategy by providing clear guidelines for investment decisions, management of the balance sheet structure and the dividend policy.
A key component of the new strategy is the revised dividend policy. The Executive Board's annual dividend proposal to the Annual General Meeting will be calculated as follows in future:
Additional distributions and/or share buy-backs are possible in the event of exceptionally good earnings and a leverage ratio within target range (net financial debt/EBITDA less than 2 after dividend payment).
This model shall support a balance between performance-related yet stable shareholder participation in the company's success on the one hand and securing a resilient and solid capital structure for future growth on the other.
The new capital allocation and dividend policy will apply from the current 2025/26 financial year and will not affect the dividend of EUR 0.60 proposed by the Management Board and Supervisory Board at the Annual General Meeting on July 2, 2025. The dividend policy will be reviewed at four-year intervals.
voestalpine is a globally leading steel and technology group with a unique combination of materials and processing expertise. voestalpine, which operates globally, has around 500 Group companies and locations in more than 50 countries on all five continents. The voestalpine Group has been listed on the Vienna Stock Exchange since 1995. With its premium products and system solutions, voestalpine is a leading partner to the automotive and machinery industries, as well as to the aerospace and energy industries. The company is also the global market leader in railway systems and special sections. voestalpine is committed to the global climate goals and has a clear plan for transforming steel production with its greentec steel program. In the business year 2024/25, the Group generated revenue of EUR 15.7 billion, with an operating result (EBITDA) of EUR 1.3 billion; it has around 49,700 employees worldwide.