How much of a say do I have as a member-owner?

Regardless of the number of shares they own, every member-owner has the right to vote at the annual General Assembly. This includes the right to appoint the cooperative’s directors and vote on how its profits should be used. 

Who decides whether or not a dividend is paid out?

The member-owners approve the past year’s financial results at the annual General Assembly. They then also vote on whether or not to pay out any dividend, as well as its exact amount. Before any dividend can be paid out, a percentage of the profits must be allocated to the legal reserve. 

Is there a guaranteed return?

Eoly Cooperative does not guarantee a minimum return. In line with current legislation, the annual dividend may not exceed 6% per share. 

How much does a share cost?

The nominal value of a share is €250. Each year, the share premium is also determined. This is done based on Eoly Cooperative’s level of equity. The exact value of the share premium is published whenever a capital increase is organised. When you purchase shares in the cooperation, you pay the nominal value of each share plus the share premium. This ensures that the entry fee is proportion to the cooperative’s current value. If you decide to sell you shares at a later date, you do so at the actual share price at that time. 

Can I buy shares at any time?

Yes. Our capital increases consist of two different phases. Firstly, there is a priority period during which local residents (selected according to postcode) get to buy shares. After that period, other interested parties also get the opportunity to invest, until the capital target has been reached.