The company also plans to carry out a program for the allocation of stock options for executives, Board members and other employees or managers, up to the ceiling of 7.5% of the share capital.
Shareholders’ agenda will also include the approval of the distribution of dividends in the amount of RON4.85 million from the 2022 profit of RON7.76 million. The gross dividend per share is RON0.1 and, relative to the trading price of RON2.32 per unit, the yield reaches 4.3%. The dividend payment is expected to take place on July 12.
Shareholders are also supposed to vote on the budget of revenue and expenditure, the production program and the investment plan for 2023.
PREH shares have gained 6.8% since the beginning of 2023 and have lost 5.3% over the last 12 months. Prefab has a stock market capitalization of RON121 million and is 69.6% owned by Romerica International Bucuresti and 26.4% by Celco Constanta, as per stock market data.