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NO Ine gave consent to the proposal for a dividend payout of 20 euros per share

The Supervisory Board of Ina on Wednesday gave consent to the Management’s proposal to distribute a dividend of 200 million euros or 20 euros per share from last year’s profit, which is 53 percent higher than last year, Ina reported.
 
At today’s meeting, the Supervisory Board of Ina approved the revised financial statements for the previous year and considered the report on the status of the Ina Group for the business year 2022, and had no objections to that report.
 
Additionally, the Supervisory Board approved the Management’s proposal to allocate the profit amount for the previous year of 1.84 billion kuna, which amounts to 243.76 million euros, so that the largest amount, 200 million euros, is paid out as a dividend, which amounts to 20 euros per share.
 
Furthermore, it is proposed to allocate 31.5 million euros to retained earnings, and the remaining profit of 12.18 million euros to legal reserves. The proposed dividend is 53 percent higher than the one paid last year, which was 98 kuna per share.
 
Otherwise, the Hungarian MOL holds 49.1 percent of the shares in Ina, the Republic of Croatia holds 44.8 percent, and private and institutional investors hold 6.1 percent of the shares.
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