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Europacorp SA Proposes Extraordinary Dividend; Proposes Share Repurchase Program


Sunday, 18 Aug 2013 08:00pm EDT 

Europacorp SA announced that it will propose an extraordinary dividend of EUR 0.12 per share to its Annual General Meeting. If the proposal is approved, the Company's shares will trade ex-dividend as of September 30, 2013 and the dividend will be paid as of October 3, 2013. The Company also announced that it will propose a share repurchase program to its Annual General Meeting. If approved, the program will authorize the Company to repurchase a maximum of 10% of its share capital at a price of EUR 15.50 per share. The total sum which the Company will be able to spend on the program is EUR 20 million. The program will run for 18 months. 

Company Quote

3.86
-0.07 -1.78%
24 Jul 2014