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Provider: Reuters Investment Profile
Provider: Wright Reports

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Avtech Sweden publ AB proposes resumed dividends on preference shares

Monday, 20 Jan 2014 07:22am EST 

Avtech Sweden publ AB:Says it has decided, ahead of the upcoming Annual General Meeting (AGM) on June 9, to propose to the AGM to resume the quarterly dividends on the company’s preference shares that were halted in connection to the company’s reorganization during the summer of 2013.Says the last quarterly dividend was paid with the record day of Apr. 30, 2013.Says dividend payments shall, if the AGM approves of the Board’s proposal, be resumed on the record day that follows the AGM, i.e. on July 31.Says such payment shall according to AVTECH’s statutes include the outstanding dividend plus a factor equivalent to an annual interest of twenty percent starting at each quarterly period when dividends were supposed to be paid. 

Company Quote

0.05 +0.56%
27 Mar 2015