Formula Systems Declares $13.045/Share Special Cash Dividend
Formula Systems (1985) Ltd. announced that its board of directors approved a special cash dividend of $13.045 per share, amounting to approximately $200.0 million in total. This dividend, based on the company's 2025 results and the completion of Sapiens' acquisition by Advent, will be distributed on June 4, 2026, to shareholders of record as of May 25, 2026. CEO Guy Bernstein highlighted the company's strong financial performance and confidence in its strategic execution and investment portfolio.
Key Highlights
- Formula Systems declared a special cash dividend of $13.045 per share.
- The total dividend payout will be approximately $200.0 million.
- The dividend will be paid on June 4, 2026.
- Shareholders of record on May 25, 2026, will receive the dividend.
- The dividend is subject to 25% or 30% withholding tax.
- The dividend is based on 2025 results and the acquisition of Sapiens by Advent.
Price Impact
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