Relative to trading prices on Thursday, the dividend yield reaches almost 2%.
The proposal of the company’s Board of Directors will be put to a vote at the general meeting of shareholders due on April 27, 2022, and the payment of dividends will be made on June 15.
The company is held by George Barbu and Bogdan Remus Nedelea, each with a 42.5% stake, and 9.4% by Ilie Nedelea.
ABN Systems International is listed on the AeRO market of the Bucharest Stock Exchange. In early 2022, the company closed its first Initial Public Ofering (IPO) on the AeRO market, raising RON5.48 million (EUR1.10 million). The funds will be used to strengthen its foothold on external markets and to tap new markets.
ABN Systems International started selling its products in the United States in the first half of 2021 and estimates that sales on this new market will exceed those in Europe by the end of 2022.