---
ticker: LIN
company: Linde plc
filing_type: 10-K
year_current: 2024
year_prior: 2023
risks_added: 0
risks_removed: 1
risks_modified: 0
risks_unchanged: 18
source: SEC EDGAR
url: https://riskdiff.com/lin/2024-vs-2023/
markdown_url: https://riskdiff.com/lin/2024-vs-2023/index.md
generated: 2026-05-10
---

# Linde plc: 10-K Risk Factor Changes 2024 vs 2023

> Source: U.S. Securities and Exchange Commission (EDGAR)  
> Generated: 2026-05-10  
> All data extracted directly from official filings. No hallucinated content.

> **[AI-Generated Summary]** The paragraph below was produced by a language
> model and may contain errors. All other content on this page is deterministically
> extracted from the original SEC filing.

> Linde plc removed one risk factor related to obtaining Irish High Court approval for creating distributable reserves following its reorganization, suggesting this approval was successfully obtained between filings. The company maintained 18 unchanged risk factors across the 2023 and 2024 filings, with no new risks added and no substantive modifications to existing disclosures.

---

## Summary

| Status | Count |
|--------|-------|
| New risks added | 0 |
| Risks removed | 1 |
| Risks modified | 0 |
| Unchanged | 18 |

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## No Match in Current: Following the Reorganization, New Linde will seek Irish High Court approval for the creation of distributable reserves. New Linde expects this will be forthcoming, but cannot guarantee this, and until distributable reserves of New Linde are created, New Linde will be unable to make distributions by way of dividends, share repurchases or otherwise under Irish law.

*This section from the 2023 filing does not have a high-confidence textual match in 2024. It may have been removed, merged, or substantially reworded.*

Under Irish law, dividends may only be paid and share repurchases and redemptions must generally be funded only out of "distributable reserves," which New Linde will not have immediately following the Reorganization. The creation of distributable reserves of New Linde involves a reduction in New Linde's undenominated share capital which requires the approval of the Irish High Court. The approval of the Irish High Court is expected within eight weeks following the Reorganization becoming effective. This approval is the same process successfully followed by Linde immediately after the Linde AG - Praxair, Inc. merger in 2018. New Linde is not aware of any reason why the Irish High Court would not approve the creation of distributable reserves in this manner; however, the issuance of the required order is a matter for the discretion of the Irish High Court. In the event that distributable reserves of New Linde are not created, no distributions by way of dividends, share repurchases or otherwise will be permitted under Irish law until such time as New Linde has created sufficient distributable reserves from its business activities, except that New Linde will be able to pay any dividends declared by the company prior to the Reorganization becoming effective. 14 14 14 Table of Contents Table of Contents

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*Data sourced from SEC EDGAR. Last updated 2026-05-10.*