SIF Muntenia Shareholders Reject Dividends From 2019 Profit; OK RON42M Share Repurchase Program

04.23.2020 By Ecaterina Craciun

Shareholders of regional investment fund SIF Muntenia (SIF4.RO) on Thursday approved the distribution of the entire profit for 2019, in the amount of RON111.9 million, to other reserves in order to set off a share repurchase program aimed at reducing the company’s share capital, as per a stock market report.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 50 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:: SIF Muntenia; , dividends; , share repurchase

Comment

Username:
Password: