Dividends will be paid out on May 31, 2019 and the deferred payment date will be November 29, 2019. The dividend proposed for 2019 is the same as the dividend distributed in 2018.
Shareholders’ agenda also includes the renewal of the mandate of Petre Bunescu as director, for a four-year period, starting April 18, 2019, and the election of three other Executive Board members, following the central bank’s approval.
Bogdan-Alexandru Dragoi is to replace Ioan Cuzman whose mandate reaches the term on April 18, 2019. Philippe Laurent Charles Heim will be elected director, after being appointed interim director through the Board of Directors decision no. 356 on June 21, 2018, following Bernardo Sanchez-Incera’ forgoing his mandate as Director.
Shareholders will also discuss the appointment of Liliana Feleaga as director. Feleaga was appointed interim independent director through the Board of Directors decision no. 359 on September 19, 2018, following the expiry of Aurelian Dochia’s mandate as independent member of the Board Directors by reaching the term.
On the Bucharest Stock Exchange Thursday, BRD shares traded up 1.6% to RON12.7 per share. The bank’s shares have grown by 9.65% since the start of 2019, amid deals worth RON329 million.
BRD – Groupe Société Générale reported a net profit of RON1.54 billion in 2018, up 12% compared with RON1.38 billion in 2017, the best annual result to date. The bank’s assets stood at RON54.08 billion at the end of 2018, up 1.1% from RON53.4% billion in 2017.