Shareholders

Euro at 25: The value of unity in a changing world

The case for Europe has always rested on solving problems that countries could not address alone. After the Second World War, visionary leaders understood that the only way to secure peace on our continent was to unite our economies. And a united Europe would, in time, require a single currency to make the most of the economic benefits created by this peace dividend.

Banks on investors’ radars

Greek banks have long been on the market's radar following their turnaround with a return to profitability, an impressive boost to earnings from the ECB's rate hikes, a significant decline in NPE ratios and management estimates for dividend distribution after many years.

Jumbo sees €0.322 dividend from 2022 profits

Jumbo Group on Wednesday said it will seek shareholder approval for a plan to pay a 0.322-euro dividend per share from its 2022 profits.

Jumbo paid a €1.155 dividend per share in 2022 in the form of extraordinary cash distributions and paid another €1.155 per share extraordinary cash distribution in March 2023.

Sweden’s SBB property firm mulls sale as sector struggles

Sweden's troubled real estate group SBB said Monday it may sell assets or the entire company as the country's property sector struggles in the face of rising interest rates.

SBB reported a loss of 2.9 billion kronor ($360 million) in the first quarter as housing prices fell in Sweden after the central bank raised borrowing costs to battle high inflation.

An ‘important milestone’ for Bank of Cyprus

The Bank of Cyprus is proceeding with a dividend payment after 12 years, after receiving the green light from the European Central Bank. 

According to an announcement, the BoC Holdings board of directors will propose the payment of a final dividend of 0.05 euros per share from the profits of 2022 to shareholders at the annual general meeting, to be held on May 26. 

Motor Oil sees earnings jump in 2022

Athens-listed Motor Oil Group on Tuesday reported significant growth in its 2022 results, with turnover rising by 61.9% to 16.6 billion euros from €10.2 billion in 2021.

Operating earnings soared 308% to €1.39 billion from €341 million in 2021 and pre-tax earnings jumped to €1.55 billion from €258 million.

Sava Re shareholders to get EUR 1.50 dividend

Ljubljana – The shareholders of insurance company Sava Re approved the proposal of the management and supervisory boards to distribute EUR 23.3 million from last year’s distributable profit of EUR 37.05 million for dividends. The dividend will amount to EUR 1.50 gross per share, and the rest of the distributable profit will remain unallocated.

Pages