It is the conversion of CDI's to full shares that has been suspended for this month, not the dividend. The dividend has been reinstated. It's on page 47 of the 2023 Full Year Results Presentation. Read the fine print "Equity repayment, pursuant to article 112-1 of the French General Tax Code".
https://www.urw.com/en/investors/financial-information/financial-results
The reply to my e-mail regarding the French tax is below.Dear Andrew,
The premium distribution will not be subjectto French withholding tax as it would qualify as an equity repayment. It isadvisable to check with your local tax advisor how this equity repayment wouldbe treated in your country of tax residency.
Best regards,
GonzagueMontigny
Headof Investor Relations
The only stock on the ASX300 that looks ready to pump!!, page-54
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Last
$6.16 |
Change
0.110(1.82%) |
Mkt cap ! $685.1M | |||
| Open | High | Low | Value | Volume |
| $6.16 | $6.18 | $6.13 | $445.3K | 72.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3498 | $6.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 3737 | 14 |
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| Last trade - 14.03pm 10/10/2024 (20 minute delay) ? |
| URW (ASX) Chart |