The gross dividend of some RON0.64 per share provides a 2.3% yield based on the current trading price, RON28 per Banca Transilvania share. The record date is November 25 and the ex-date is November 24. Payment will be made on December 11.
The shareholders of the bank also approved corporate bond issuances denominated in lei, euros or other currencies up to EUR2 billion in all.
The bonds will mature in up to five years and will launched via a new program or an increase of the maximum amount approved under the 2023 EMTN (European Medium Term Notes), currently set at EUR1.5 billion.
(English version by Loredana Fratila-Cristescu)