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Franck Management Proposes Dividend of 10 Kuna per Share

The Regular General Assembly of Franck shareholders will be held on May 26 of this year, and among other items on the agenda is the decision on the use of profits from 2009 and the payment of dividends. The Management and Supervisory Board propose a dividend payment of 10 kuna per share from part of the profit from 2009.

The dividend will be paid within 30 days of the assembly. As stated in the invitation for the assembly published in the Narodne novine, Franck achieved a post-tax profit of 50.82 million kuna in 2009, of which part will be used for the payment of dividends, and the remainder will be allocated to retained earnings. Also on the agenda is the granting of discharge to the Management and Supervisory Board, as well as the re-election of Supervisory Board members Milan Artuković, Jozo Previšić, and Josip Zajec, all from Zagreb. (H)