The announcement generated a company’s shares price boost by 23% in Tuesday’s session on the Bucharest Stock Exchange, up to RON8.38. Each stockholder will receive RON4.734 per share, the gross yield of dividents setting at nearly 98%.
In Tuesday session, the company’s stockholders also agreed to revoke Liviu Florin Mazilu, Gheorghe Granzulea and Cristinel Rotaru from the positions of administrators. Gheorghe Granzulea and Cristinel Rotaru were extended their mandate as administrators, while Ciprian Tiripa was chosen administrator instead of Liviu Mazilu.
The company has a capitalization of RON111 million. Romanian natural person Laurentiu Postovaru is Bucur Obor’s largest stockholder, with 32% of the share capital.
(English version by Manuela Panescu)