In 2018, NOVABASE share price lost 34%, comparing to a 12% loss in the PSI20 Index and an 11% loss in the EuroStoxx Technology Index.
The annual review of the composition of the PSI20 Index, in March 2018, established the exit of NOVABASE as of March, 19, where it was trading since March 20, 2017.
On April 2018, Euronext has once again chosen NOVABASE to join the Tech 40, an index which distinguishes European listed companies for their focus on innovation and development.
In this period, a dividend of 0.15 €/share was distributed.
The Board of Directors will propose to the General Meeting of Shareholders to be held on 7 May 2019, the distribution of dividends in the amount of 4.7 M€, corresponding to 0.15€ per share. This dividend proposal corresponds nearly to a 100% payout and yield of around 7%.
The evolution of NOVABASE share prices compared to other companies in the IT sector in Europe, in 2018, was as follows:
