Dividends and share buy-back

Dividends and share buy-back

The positive consolidated net income enables the Management Board and the Supervisory Board of PUMA SE to propose the distribution of a dividend of € 0.61 per share for financial year 2024 at the Annual General Meeting on 21 May 2025. The payout ratio for financial year 2024 is 32.3% of consolidated net income. The payout ratio was calculated by reference to the average number of shares outstanding in 2024. PUMA's dividend policy, which was adjusted by means of its publication dated 29 February 2024, provides for a dividend payout of between 25% and 40% of consolidated net income. The payment of the dividend is to take place in the days after the Annual General Meeting at which the decision is made on the payout. In the previous year, a dividend of € 0.82 per share was paid out and the payout ratio was 40.3% of consolidated net income.

PUMA's dividend policy, which was adjusted by means of its publication dated 29 February 2024, also provides for a further 10% to 25% increase in the dividend payout by means of a share buyback programme, with a view to increasing the total payout ratio to up to 50% of consolidated net income.

In connection with this, in the period from 6 March 2024 up to and including 31 December 2024, PUMA SE acquired 1,128,961 shares in the first tranche at a total price of € 49,999,986.41 (excluding ancillary acquisition costs) and an average purchase price of € 44.29 per share. This corresponded to 0.75% of the subscribed capital. Of the shares repurchased, 1,126,444 were cancelled in the fourth quarter of 2024.

Further information on the repurchase of treasury shares can be found in the following table.

As of the balance sheet date, 31 December 2024, the Company holds a total of 873,783 PUMA shares in treasury stock, after cancellation of the repurchased treasury shares. This corresponds to 0.58% of the subscribed capital.