Lordos United completes €200,000 dividend payment after packaging acquisition
Lordos United Public Ltd said it paid its €200,000 final dividend ahead of schedule, a day after confirming completion of its acquisition of a 51 per cent stake in P&S Carton Industries Ltd.
Nicosia, Cyprus. Lordos United Public Ltd announced that it had finished paying its €200,000 final dividend to eligible shareholders on Friday, ahead of schedule. The announcement followed the company’s confirmation a day earlier that its €8.16 million purchase of a 51 per cent stake in P&S Carton Industries Ltd had been completed.
Dividend approved by shareholders
According to the company, shareholders approved the final dividend at the annual general meeting held on September 23, 2026, endorsing the board’s proposed payment of €0.0039576 per share.
Lordos United announced the dividend on September 24 and said the distribution was completed sooner than expected.
Acquisition adds cardboard packaging business
The company said the purchase covered 35,700 shares in P&S Carton Industries Ltd, a Cypriot manufacturer of cardboard packaging. The share purchase agreement was signed on July 10, 2026.
Completion followed clearance from the Commission for the Protection of Competition, which found the concentration compatible with market competition.
Lordos United said P&S Carton became its subsidiary upon completion, with the sellers keeping a combined stake of 49 per cent.
The company described the transaction as its entry into the corrugated cardboard packaging industry in Cyprus, broadening its operations beyond plastics manufacturing and packaging.
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