The return of capital to the shareholders amounting to 0.07 euros per share was approved, among others, by the annual regular General Meeting of the shareholders of the company Medical Athens.
In particular, the G.S. decided:
a) the increase of the share capital of the company by 6,07,518.60 euros with capitalization of part of the reserve from the account “Difference from the issuance of equity shares” and increase of the nominal value of each share by the amount of 0.07 euros, ie from 0.31 euros to 0.38 euros,
b) the equivalent simultaneous reduction of the share capital of the company by 6,07,518.60 euros, with a corresponding reduction of the nominal value of each share by the amount of 0.07 euros, ie from 0.38 euros to 0.31 euros and its return of its share capital by shareholders with a cash payment of EUR 0.07 per share, and
c) the provision of relevant authorizations to the Board of Directors and d) the amendment of article 5 of the company’s articles of association and its codification.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.