The new items are the “approval of the change of the destination of the reserves constituted from the net profit of the company obtained in the previous years (retained earnings) in the amount of RON12,854,939, and the distribution of this amount as dividends to shareholders, respectively RON0.0462091 gross / share” and „approval of the change of the destination amount of RON25,831,972 from other reserves and the distribution of this amount as dividends to shareholders, respectively RON 0.0928570 gross / share.”
At the current trading price of RON0.554/share, the potential yield of the dividends requested by KJK is 25%.
Rompetrol Well Services has a capitalization of RON153 million and its shares have lost 6.4% on a traded volume of RON1.5 million in 2023.
(English version by Loredana Fratila-Cristescu)