I was at the extraordinary general meeting on Monday, where I gave the only speech. The CEO was there in a sweater, and his demeanor wasn’t entirely convincing (even if it was surely an expensive sweater).
He said that the €0.90 capital repayment would be financed as follows: “We have money, and there have also been some discussions about selling properties.” I hope it leans more towards the latter.
I personally opposed distributing the money purely because I fear for the company’s financial sustainability. Of course, I’ll gladly accept the money, as it was decided. I sincerely hope that news will start pouring in now about properties being sold at or near their book value.