INA General Assembly Asked to Okay Dividend Payment in Amount of HRK 622.7m

Total Croatia News

Screenshot | INA, d. d.
Screenshot | INA, d. d.

Screenshot | INA, d. d.

ZAGREB, July 17, 2020 – The General Shareholders’ Assembly of INA, a leading oil and gas company in Croatia, is scheduled for 26 August with the proposal for dividend payment in the amount of HRK 622.7 million on the agenda, that is HRK 62.27 per share, according to invitations sent on Friday for the general assembly.

In late March, INA’s management and supervisory boards decided on a dividend payment from the oil and gas company’s 2019 net profit which totalled HRK 656 million while the sum to be allocated for dividend payment is HRK 622.7 million, which means HRK 62.77 per share.

The unofficial calculation of the amount earned through dividend payment shows that Hungary’s MOL, which holds slightly above 4.9 million shares in INA, can count on HRK 305.6  million, whereas the Croatian government holds 4.48 million shares, and can earn thus HRK 279.2 million.

On 30 April, three major trade unions in the INA group asked Prime Minister Andrej Plenkovic to get INA owners – the government and the Hungarian oil company MOL – to give up the payment of the dividend for 2019.

(€1 = HRK 7.526037)


Subscribe to our newsletter

the fields marked with * are required
Email: *
First name:
Last name:
Gender: Male Female
Please don't insert text in the box below!

Leave a Comment