Transgaz Rejects Proposed RON 21.66 & RON 37.89 DPS at the OGMS

The shareholders request administrative management of the company to urgently convene a new OGMS on this issue.

Transgaz held an Ordinary General Meeting of the Shareholders in which they did not approve the dividend of RON 21.66 per share, for the financial year 2018. Besides that, the company did not also approve the additional dividend of RON 37.89 per share for the financial year 2018.

The shareholders request administrative management of the company to urgently convene a new OGMS on this issue. Note that the ex-dividend date remains 24 June 2019. As a reminder, the rejected dividends would translate into a dividend yield of 17.6%.

In the graphs below, we are bringing you the historical overview of the company’s dividend per share and dividend yield (with the now rejected dividends).

Dividend Per Share (2013 – 2019) (RON)

Dividend Yield (2013 -2019) (%)*

*compared to the share price a day before the dividend proposal

InterCapital
Published
Category : Flash News

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