High Court Approval of Reduction of Capital

Summary by AI BETAClose X

DCC plc received High Court of Ireland approval on August 20, 2025, to reduce its share capital by cancelling its entire share premium account (£0) as of March 31, 2025. This action, as detailed in the June 10, 2025, Notice of Annual General Meeting, will become effective upon registration with the Companies Registration Office. The resulting reserve will be treated as distributable profits. In the financial year ending March 31, 2025, DCC plc generated £18.0 billion in revenue and £617.5 million in adjusted operating profit.

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