Company shareholders approved a gross dividend per share of RON0.04 to be paid on August 17, 2020.
Company shareholders also approved a bond issue of maximum EUR100 million, a maximum interest of 7% and three to seven years maturity. It plans to issue the bonds in one or more tranches.
On the other hand, shareholders approved a buyback program for a maximum 10 million shares, or 3.64% of the company’s share capital, to unfold over a maximum period of 18 months. It plans to distribute some of the shares to management and employees and to annul the rest and thus lower the company’s share capital. Impact seeks to lower its capital by RON9.4 million.
Gheorghe Iaciu owns 56.8% of Impact, while Adrian Andrici owns 15.4%.