The performance of the Lenzing share price reflected the general negative market environment in the 2022 financial year. The Lenzing share started the 2022 stock market year at a price of EUR 120.00, reached its high for the year of EUR 133.00 in January and its low for the year of EUR 45.35 on October 19. At the end of the reporting year, the Lenzing share was trading at a level of EUR 54.80. This corresponds to a decrease in the share price of minus 54.3 percent compared with the start of the year. Vienna’s benchmark ATX index ended the year 19.1 percent down compared with the start of the year.
For the 2021 financial year, a dividend of EUR 4.35 was paid out during the reporting year. The Managing Board of Lenzing has also decided to adjust the dividend policy. Starting in the 2023 financial year (to be paid in 2024), Lenzing plans to pay a per-share dividend for the year of at least EUR 4.50 (adjusted for inflation). The dividend will be paid subject to specific dividend proposals by the Managing and Supervisory boards. These proposals may diverge from the new dividend policy if this is appropriate under the then prevailing circumstances and will be subject to the decision of the Annual General Meeting.