Hungary's MOL To Pay $204 Million In Dividends From 2011 Profits
March 22 2012 - 4:38AM
Dow Jones News
The management of Hungarian energy group MOL Nyrt. (MOL.BU) late
Thursday proposed paying 45 billion forints ($204.1 million) in
dividends after its 2011 profits.
MOL produced HUF152 billion in net profits in 2011.
The MOL management will also request shareholder approval to
purchase treasury shares that it plans to use as payment for
acquisitions and to preserve the stability of its share price.
Shareholders will vote on the proposals at the company's
scheduled annual general meeting April 26.
-By Gergo Racz, Dow Jones Newswires, +361-267-0622;
gergo.racz@dowjones.com
Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
Historical Stock Chart
From Jul 2023 to Jul 2024