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MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

3.98
0.07 (1.79%)
25 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mol Magyar Olay Es Gazipari Rt (PK) USOTC:MGYOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.07 1.79% 3.98 3.71 4.10 3.99 3.88 3.89 12,929 21:10:15

MOL Shareholders Approve HUF55 Billion Dividend Payment on 2015 - Update

14/04/2016 11:10am

Dow Jones News


Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
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By Margit Feher

 

BUDAPEST--Shareholders of oil and gas company MOL Nyrt. (MOL.BU), Hungary's largest company by revenue, approved at an annual meeting Thursday the board's proposal for the payment of a total of 55 billion forints ($201.2 million) in dividends on 2015 earnings.

That's up from last year, when MOL paid a total of HUF50 billion in dividends after its 2014 results.

MOL shareholders also approved the cancellation of shares amounting to 2% of the company's registered equity to improve the firm's capital structure and also to lower the registered equity by 2,090,381 shares to increase the shareholders' return. Shareholders will receive no compensation upon the share cancellation.

 

Write to Margit Feher at margit.feher@wsj.com; Twitter: @margitfeher

 

(END) Dow Jones Newswires

April 14, 2016 05:55 ET (09:55 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

1 Year Mol Magyar Olay Es Gazip... (PK) Chart

1 Year Mol Magyar Olay Es Gazip... (PK) Chart

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1 Month Mol Magyar Olay Es Gazip... (PK) Chart