Prosus stock reaches Amsterdam ex-date with dividend choice ahead

Prosus reached its Euronext Amsterdam ex-distribution date on Monday, November 9, putting the next shareholder deadline in focus. In its October 29 regulatory announcement, updated on November 4, the technology investment group set out how ordinary N shareholders can receive the distribution.

Prosus stock traded at 37.26 euros on Lang & Schwarz at 6:20 p.m. CET on Monday, November 9.

Capital repayment is the default

Ordinary N shareholders are entitled to a gross distribution of 28 euro cents per share for the year ended March 31, 2026. Unless they make another choice, the payment will be made as a capital repayment from share capital.

Shareholders may instead elect to receive a dividend from retained earnings. The election must be made by Wednesday, November 25, and choosing one option excludes the other. The company says no Dutch dividend withholding tax will be deducted from the capital repayment. A dividend election generally carries a 15 percent Dutch withholding tax, leaving 23.8 euro cents per share for N shares held through Euronext for holders without an applicable exemption or relief.

Dates investors should watch

Tuesday, November 10 is the record date for shareholders to appear in the register and participate in the distribution. The election period runs from November 11 through November 25, while the payment date is Thursday, December 3, depending on the choice made for the N shares.

Transfers of N ordinary shares between Euronext Amsterdam and the Johannesburg Stock Exchange are not permitted from November 6 through November 10 because the two markets use different ex-distribution dates. The tax treatment of a dividend or capital repayment depends on the shareholder's circumstances and jurisdiction.

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