The most important items on the agenda include, among others, supplementing the financing capacity, capitalizing on some real estate assets and distributing dividends to shareholders.
The company proposes approving an addendum to the contract concluded with Banca Comerciala Romana (BCR), which aims to increase an existing credit line by RON200 million up to a total ceiling of RON375 million. Also, Transelectrica also seeks to streamline its real estate portfolio by auctioning off a building located in Targu Mures, per the convening notice published at the Bucharest Stock Exchange.
The company considers allocating dividends in the amount of RON35.2 million from the retained result registered in the balance sheet on December 31, 2025. The value of the gross dividend proposed is RON0.48 per share and the payment is projected on June 30, 2026. Relative to the current trading price of RON94.1, the dividend offers a gross yield of 0.5%.
Transelectrica, which has a market capitalization of almost RON7 billion, is 58.6% owned by the Romanian State.
TEL shares have traded 114% higher over the last year.