Although the Energy Ministry is the company’s majority shareholder with an 82.4% ownership stake, it did not send any representative to the shareholders’ meeting and failed to cast its vote.
In the absence of the majority shareholder, the private investors present at the meeting approved a gross dividend of RON3.91 per share, with the total amount to be distributed reaching RON1.18 billion. The dividend payment date was set on July 13, 2026. Relative to the latest closing price of SNN shares, of RON69.6 per share, the yield reaches 4.72%.
The company’s 2026 budget envisages a 14% lower net profit, of RON2.06 billion, amid an 86-day planned shutdown of Unit 2 of Cernavoda Nuclear Power Plant for maintenance and refurbishment works.