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LONDON - Packaging (NYSE:PKG) and paper giant Mondi (LON:MNDI) plc has disclosed the results of its Dividend Reinvestment Plans (DRIPs) associated with the company’s 2024 final dividend. On Monday, Mondi had announced the payment of a 46.67 euro cents per share final dividend for the year ended December 31, 2024, to shareholders registered by April 4, 2025. The dividend was distributed on May 16, 2025.
The company reported that shareholders on the UK main register holding 3,643,095 shares, representing 0.83% of Mondi’s issued share capital as of the record date, elected to participate in the UK DRIP. This resulted in the purchase of 117,364 shares at an average price of £12.1515 per share. Additionally, shareholders on the South African branch register with 12,546,080 shares, or 2.84% of the issued share capital, participated in the South African DRIP, leading to the acquisition of 373,915 shares at an average price of R290.0999 per share.
Mondi, a global leader in sustainable packaging and paper solutions, operates in over 30 countries and employs around 24,000 people. The company’s comprehensive approach spans the entire value chain, offering a wide array of products for consumer and industrial applications. Sustainability is a core component of Mondi’s strategy, with significant commitments aimed at achieving circular-driven solutions and climate action by 2030.
In the fiscal year 2024, Mondi reported revenues of €7.4 billion and an underlying EBITDA of €1.0 billion. The company is listed on the London Stock Exchange (LON:LSEG) with the ticker LSE:MNDI and is a constituent of the FTSE100 index. It also maintains a secondary listing on the Johannesburg Stock Exchange under the ticker JSE:MNP.
This report is based on a press release statement from Mondi plc.
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