Verallia Stock Rises 2.26% and Continues Its Recovery
The French glass packaging manufacturer marks a significant midday advance, following a well-oriented SBF 120. The move comes after the announcement detailing the dividend option overwhelmingly favored by shareholders, and just days before the ex-dividend date.
The stock approaches a closely watched technical resistance since late April
Verallia stock gains 2.26% to €20.32, reaching the upper zone of its recent range. The stock is challenging the resistance at €20.54, which has been tested several times since the end of April without a clear breakthrough. The RSI at 54 remains neutral, leaving room before any signs of exhaustion. Today's advance reinforces the move above the MM20 (€19.88) achieved last week, and widens the gap to the MM50 (€18.97) to over 7%. However, the MM200 at €21.87 remains above the current price, indicating that the medium-term momentum has not yet reversed: the performance over one year remains negative at 27.43%. On the SBF 120, the stock shows one of the notable gains at mid-session, as the index rises 0.79%. The sectoral context is favorable: Brent crude is down 2% at $91.84, accumulating a decline of 17.5% since May 19, which mechanically reduces the energy bill for a glassmaker whose furnaces are heavy consumers.
The 2025 Dividend Paid Primarily in Shares, Payment on June 4
The company confirmed that 88.90% of the capital opted for the payment of the 2025 dividend in shares rather than in cash, according to the May 28 announcement. The general meeting held on April 24 had approved a dividend of €1 per share for the closed fiscal year, accompanied by this option. The very high subscription rate in shares limits the group's cash outflow and signals the alignment of the main shareholders with the long-term strategy. The actual payment is scheduled for June 4, 2026, according to the financial calendar. This sequence follows a challenging year 2025: the stock had hit a three-year low at the end of February when the annual accounts were published, before beginning a gradual rebound since April. The performance over three months is now at +4.9%, and the week ends with a gain of 2.52%. The potential crossing of the resistance at €20.54 remains the next technical milestone to assess the strength of the rebound before the dividend detachment on June 4.