INVL Baltic Real Estate Approves Dividends and Share Capital Reduction

VILNIUS, Lithuania – INVL Baltic Real Estate announced on April 30, 2025, that its General Shareholders Meeting approved a dividend allocation of EUR 0.09 per share for the fiscal year 2024, totaling EUR 0.716 million. The decision comes after the company reported a significant consolidated net profit of EUR 2.74 million, a 3.9-fold increase from the previous year.

Dividends will be distributed to shareholders listed on May 15, 2025. The ex-dividend date is set for May 14, 2025, meaning new shareholders acquiring shares after this date will not be entitled to dividends.

In addition to the dividend allocation, the shareholders voted to reduce the company’s authorized capital from EUR 11.689 million to EUR 11.533 million by canceling 107,480 shares that had been repurchased during the fiscal year.

The amendments to the Articles of Association related to this reduction were also approved, pending authorization from the Bank of Lithuania. These changes are among several measures aimed at enhancing shareholder value.

At the meeting, the company’s shareholders authorized INVL Baltic Real Estate’s management to use the formed reserve for share repurchases over the next 18 months. The company can acquire shares at a minimum price of EUR 1.45 or based on the last published net asset value per share.

Three members were elected to the Audit Committee of INVL Baltic Real Estate: Dangutė Pranckėnienė, Andrius Lenickas, and Tomas Bubinas, each serving a new four-year term.

INVL Baltic Real Estate, a leading real estate investment company, manages properties primarily in Vilnius and Riga, including office buildings and logistic parks. The company seeks to provide attractive returns while positively impacting the region’s economic development.

The company’s total asset value reached EUR 42.6 million by the end of December 2024, reflecting a solid occupancy rate of 75% to 91% for its properties.