Business
High Court Approval of Reduction of Capital
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. Disclaimer*
About this update from Dcc Plc
[{"type":"text","content":"\n\n\n20 August 2025\nHigh Court Approval of Reduction of Capital\nDCC plc (\"DCC\" or the \"Company\") is pleased to confirm that it has today received the approval of the High Court of Ireland for the reduction of the Company's share capital by cancelling the entire amount of the Company's share premium account as at 31 March 2025, as described in the Company's Notice of Annual General Meeting that was sent to shareholders on 10 June 2025.\nThe capital reduction will shortly become effective when the High Court order and minute are registered with the Companies Registration Office.\nThe reserve resulting from this cancellation of share premium will be treated as profits available for distribution by the Company.\n \nContact Information\n\n\n\n\nInvestor enquiries:\n \n\n\n\n\n\n\n\nConor Murphy, Chief Financial Officer\n\n\nTel: +353 1 2799 400\n\n\n\n\nDarragh Byrne, Company Secretary\n\n\nEmail: [email protected]\n\n\n\n\nRossa White, Head of Group Investor Relations & Comms.\n\n\n\n\n\n\n\nMedia enquiries:\n\n\n\n\n\n\n\nSodali & Co (Eavan Gannon/Pete Lambie)\n\n\nTel: +44 20 7250 1446\n\n\n\n\n\n\n\nEmail: [email protected] \n\n\n\n\nAbout DCC plc\nInvested in Energy\nDCC is a customer-focused energy business, specialising in the sales, marketing, and distribution of secure, cleaner and competitive energy solutions to commercial, industrial, domestic, and transport customers. Headquartered in Dublin, DCC is listed on the London Stock Exchange and is a constituent of the FTSE 100. In our financial year ended 31 March 2025, DCC generated revenues of £18.0 billion and adjusted operating profit of £617.5 million. DCC has an excellent record, delivering compound annual growth of 13% in continuing adjusted operating profit and unbroken dividend growth of 13% while maintaining high returns on capital employed over 31 years as a public company.\nFollow us on LinkedIn.\nwww.dcc.ie \n\n","length":4221,"tagName":"div"}]