Shelly Group SE (Ticker SLYG / ISIN:BG1100003166), a provider of IoT and smart building solutions, announced that its Annual General Meeting held on June 29, 2026, approved the proposal of the Board of Directors to distribute a gross dividend of EUR 0.13 per share. This will result in a total distribution of approximately EUR 2.36 million. The dividend will be paid in euro within 60 days following the meeting, with shareholders entered in the register on the 14th day after the meeting entitled to receive the payment.
All resolutions proposed under the agenda items were adopted by the shareholders, including the discharge of the members of the Board of Directors for the past financial year. The approval of the dividend reflects the company's commitment to returning value to its shareholders while continuing to focus on growth in the IoT and smart building market.
Shelly Group, headquartered in Sofia, Bulgaria, and with additional presence in Munich, Germany, develops, designs, and distributes IoT and smart building solutions for both DIY and professional users. The company's products offer advanced technology, seamless interoperability, and high technological flexibility, enabling remote control, automation, and energy management of electrical appliances and smart building solutions via smartphones, PCs, or third-party home automation systems. In addition to device sales, Shelly Group generates revenue from its cloud applications and benefits from an asset-light production model through the use of contract manufacturers.
The company has a strong presence in German-speaking countries and markets its products in over 100 countries, with sales organizations in DACH, Benelux, the Nordics, Iberia, Poland, Italy, France, the United Kingdom, Bulgaria, Slovenia, the United States, and China. Shelly Group SE is listed on the Bulgarian Stock Exchange and on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (XETRA: SLYG), and is included in the SDAX.
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