IEC Professionnel Media SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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IEC Professionnel Media SA Pays Exceptional Dividend from Share Premiums Account; Announces Details of Share Repurchase Program
IEC Professionnel Media SA announced that it will distribute the sum of EUR 1,035,032.68 from its share premiums account to shareholders as an exceptional dividend. This amounts to a gross payment of EUR 0.04 per share. However, the Company is not paying a regular fiscal year 2012 dividend. The company did not pay a regular dividend in the three fiscal years preceding fiscal year 2012. The Company also announced details of the share repurchase program which it will propose to its Annual General Meeting on June 28, 2013. The Company may repurchase a maximum of 10% of its own shares. The maximum price per share is EUR 2.50. The total maximum which may be spent on the program is EUR 5 million. If approved, the program will run for 18 months from the date of the Annual General Meeting.
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