Formula Systems Declares Special Cash Dividend of $200M, or $13.045/Share

Key Highlights

• Formula Systems declared a special cash dividend of $200.0 million in total.
• The special cash dividend amounts to $13.045 per share.
• The dividend is based on 2025 results, including the acquisition of Sapiens by Advent.
• Shareholders of record on May 25, 2026, will receive the dividend.
• The dividend will be paid on June 4, 2026.
• The dividend is subject to a 30% withholding tax for holders of 10% or more of share capital, and 25% for others.