Whoosh’s board of directors recommended paying dividends of RUB 10.25. per share

Whoosh's board of directors recommended paying dividends of RUB 10.25.  per share

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The Board of Directors of VUSH Holding (operator of the Whoosh kick-sharing service) recommended that shareholders pay interim dividends in the amount of 10.25 rubles. per share. This was stated in a press service statement on website companies.

“To decide to pay dividends on ordinary shares of $WUSH in the amount of 10 rubles 25 kopecks per ordinary share,” the material says.

The board of directors recommended setting December 4, 2023 as the dividend cutoff. The payment period will be up to 25 working days from the date on which persons entitled to receive dividends are determined. In August, Whoosh CFO Alexander Sinyavsky said that the minimum target level of dividends would be about RUB 1.14 billion.

Whoosh company provides short-term rental services for electric scooters. Their devices first appeared in Moscow in 2019. Based on the results of the first half of 2023, the company’s net profit exceeded RUB 1.3 billion

Petr Buzlaev

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