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Kendrion contact
Head Office
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
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Kendrion contact
Head Office
Kendrion N.V.
Vesta Building - 5th floor
Herikerbergweg 213
1101 CN Amsterdam
The Netherlands
Contact now

Share Information

Stay up-to-date on Kendrion's latest share information

Authorized share capital

The authorized share capital of Kendrion N.V. as at 31 December 2022 amounts to EUR 80,000,000 and is divided into 40,000,000 ordinary shares with a nominal value of EUR 2.00 each. At year-end 2022, the total number of ordinary shares issued was 15,114,621. There is one class of ordinary shares and no depositary receipts for shares have been issued. Kendrion’s ordinary shares are listed on NYSE Euronext Amsterdam Small Cap Index (AScX).

 

Movements in the number of outstanding sharesShares entitled to dividendShares owned by KendrionTotal number of issued shares
At 1 January 202214,841,07293,66314,934,735
Issued shares (share dividend)179,886-179,886
Granted shares5,347(5,347)-
At 31 December 202215,026,30588,31615,114,621

 

Dividend Policy

Return on investment

Kendrion endeavours to realize an attractive return for shareholders supported by a suitable dividend policy. In view of safeguarding a healthy financial position, consideration is also given to the amount of profit to be retained to support the company’s medium and long-term strategic plans and to maintaining a solvency ratio of at least 35%. Kendrion strives to distribute dividends representing between 35% and 50% of its normalized net profit before amortization.

In principle, Kendrion offers shareholders an opportunity to opt for dividends in cash or in the form of ordinary shares in Kendrion N.V.’s capital.

The proposed dividend of EUR 0.72 per share, representing a payment of dividend of 50% of normalized net profit before amortization for 2022 was adopted at the Annual General Meeting of Shareholders on 17 April 2023.

 2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
Dividend per share0,780,870,87-0,400,690,72
Pay out53%50%52%-50%50%50%
Total dividend (in EUR million)10.211.711.7-5.910.310.8

 

Major Shareholders

In line with legislation, shares transactions of the members of our Executive Board have been reported to the Financial Markets Authority (AFM). This information can be consulted on the AFM's website (www.afm.nl).

Pursuant to the Netherlands Financial Supervision Act, we are aware, on the basis of the information in the registers of the Netherlands Authority for the Financial Markets (AFM), that the following shareholders possessed an interest of more than 3% on 26 August 2023:
 

ShareholderInterest in %Date of report
Teslin Participaties Coöperatief U.A.21.30At 23 March 2023
Kempen Capital Management N.V.15.33At 11 April 2023
Cross Options Beheer B.V.  5.37At 8 May 2017
Add Value Fund N.V.  3.22At 13 July 2022
Midlin N.V.  3.08At 11 December 2020
T. Rowe Price Group, Inc.3.05At 10 March 2023
Total51,35% 

 

Analysts

These analysts actively monitor the Kendrion shares:
 

InstitutionAnalyst
BerenbergAxel Stasse
Degroof PetercamFrank Claassen
Edison GroupJohan van den Hooven
ING Bank N.V.Tijs Hollestelle
Kepler CheuvreuxTim Ehlers
The Idea-Driven Equities Analyses CompanyMaarten Verbeek

 

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