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INA Inapa Inv Part Gestao

0.028
-0.0018 (-6.04%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Inapa Inv Part Gestao EU:INA Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0018 -6.04% 0.028 0.028 0.029 0.0294 0.028 0.0282 695,340 16:35:25

MOL Suspends Call of INA Extraordinary Meeting on Dividends

03/02/2015 9:07am

Dow Jones News


Inapa Inv Part Gestao (EU:INA)
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From Jun 2019 to Jun 2024

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BUDAPEST--Hungary-based central European oil and gas company MOL Nyrt. (MOL.BU) suspended its call of an extraordinary general meeting of shareholders at its Croatian subsidiary INA d.d. (INA.ZG) that would have been about an extra dividend payout, MOL announced in a stock exchange filing Tuesday.

MAIN FACTS:

- Falling oil prices have a potential negative effect on INA Industrija nafte d.d. (INA.ZG), therefore MOL won't pay out extraordinary dividends to shareholders.

- MOL had requested INA to call a meeting where it would have proposed INA to pay a dividend of 2 billion Croatian kunas (EUR260 million) from its retained earnings.

- Croatia holds a 44.8% stake in INA and MOL owns a 49.1% share, plus management rights.

- MOL was trading flat at HUF11,385 at 0837 GMT Tuesday.

Write to Veronika Gulyas at veronika.gulyas@wsj.com

1 Year Inapa Inv Part Gestao Chart

1 Year Inapa Inv Part Gestao Chart

1 Month Inapa Inv Part Gestao Chart

1 Month Inapa Inv Part Gestao Chart

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