VivoPower Soars 10.39% on Special Dividend Announcement

VivoPower's stock surged 10.39% in pre-market trading on June 25, 2025, driven by significant corporate developments.

VivoPower International PLC has announced a record date of July 9, 2025, for shareholders to be eligible to receive a special dividend. This dividend will consist of five shares of Caret Digital for each VivoPower share held. The move is part of VivoPower's strategy to spin off its Caret Digital subsidiary via a direct NASDAQ IPO, aiming to unlock value for shareholders.

The special dividend and the spin-off are expected to enhance shareholder value by providing direct exposure to the growing digital health sector. The record date is crucial as it determines eligibility for the dividend, encouraging shareholders to hold onto their shares until July 9, 2025.

This strategic move by VivoPower is likely to attract investor interest, potentially driving further stock price appreciation as the market anticipates the benefits of the spin-off and the special dividend.