Podravka’s strong business results have also influenced the price of its stock. Investors have ‘rewarded’ the Management Board, led by Marin Pucar, with increased purchases of these securities on the Zagreb Stock Exchange, thus showing what they think about the direction of the business of the company from Koprivnica.
>>>Zagreb Stock Exchange: Podravka’s Stock Increased by 4.3 Percent
Namely, the company’s value has increased by 31 percent in the last four months, and the stock price has been steadily rising since mid-April. The market value of the company is currently 2.44 billion kuna, which is 582 million more than in April.
>>>Zlatko Dalić Becomes Brand Ambassador for Podravka
The current stock price of 343 kuna is still far from the historical maximum of as much as 645 kuna from 2007. Otherwise, Podravka paid a dividend of seven kuna gross per share to all its shareholders last week.
