Lion Capital: 'The proposals of the Blue Capital shareholder risk leading to an excessive decapitalization of the company'

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Lion Capital: 'The proposals of the Blue Capital shareholder risk leading to an excessive decapitalization of the company'

publicat 2024-04-17 00:00:03 (Bursa)

* Blue Capital requested that Lion pay dividends of 208.6 million lei and carry out a program to buy back 50 million of its own shares * Lion management estimates the value of the program at 147.5 million lei * Lion and #39;s Board of Directors proposed that all last year and #39;s profit, of 417.2 million lei, be allocated to 'Other reserves' * The board also wants to carry out a program to buy back its own shares, which it will give free of charge to employees and management

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