The amount includes an ordinary dividend of RON0.47 and a RON1.42 extraordinary dividend, the latter contingent on the drawing of a loan facility. At the Monday price of RON33.5, the yield is 5.6%. The ex-date is November 25 and payment date is set for December 15. If the extraordinary dividend is paid, the company will not propose dividends from the 2026 profit.
The shareholders also approved an up to EUR500 million bond program, with a maturity of up to ten years, the cancellation of 4.4 milion own shares and a new buyback program for up to 3.8 million shares. The rental assets, such as One Tower, One Cotroceni Park and Bucur Obor, will be group into a separate holding company.
(English version by Loredana Fratila-Cristescu)