X5 Retail Group will update its dividend policy in early 2025

X5 Retail Group plans to update its dividend policy in early 2025. Company may potentially change one of the target values on which the current dividend policy is based - net debt to EBITDA ratio. Current dividend policy of X5 Retail Group stipulates a threshold value of net debt to EBITDA below 2x. Given the current key rate, this threshold is likely to be lower.