Shareholders will discuss the proposition at a meeting on April 26.

The registration date proposed by the company’s Executive Board is June 12, 2018 and the payment of dividends will be made starting June 28, 2018.

Wednesday morning, Conpet shares traded down 0.7%.

The company proposed that 90% of its 2017 profit should be distributed towards shareholders, as the Romanian state, its majority shareholder, intends to do.