BRD Shareholders Reject Dividends From 2019 Profit; OK Allocation Of RON1.5B Net Profit To Retained Earnings

04.23.2020 By Ecaterina Craciun

Shareholders of Romanian lender BRD SocGen (BRD.RO) on Thursday approved the proposal of the lender’s majority shareholder Societe Generale, with a 60.16% holding, regarding the allocation of the 2019 net profit in the amount of RON1.53 billion to retained earnings, as per a stock market announcement.

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