Monbat will distribute 0.178 leva dividend per share, the shareholders decided. The company also hiked its capital from 19.5 mln leva to 39 mln leva with own funding, but the new issue is yet to be registered on the Bulgarian Stock Exchange (BSE).
All tobacco companies listed on BSE will hold their shareholders' meetings this week. The shareholders of Blagoevgrad BT, Tobacco Company Plovdiv and Slantse Stara Zagora – Tabac will meet on June 24 (Tuesday), while the shareholders' meeting of Bulgartabac Holding is scheduled for Thursday. The shareholders of Pleven BT and Asenovgrad Tabac will convene today.
The shareholders of Blagoevgrad BT will put to vote a proposal for the distribution of 3.33 leva gross dividend per share, while Sofia BT considers distributing 1.84 leva gross dividend per share.
The shareholders of Bulgartabac Holding will discuss the distribution of 0.89 leva gross dividend per share, while those of Slantse Stara Zagora – Tabac and Tobacco Company Plovdiv will also put to vote proposals for the distribution of the companies' profit for 2007.
The shareholders of infrastructure companies Moststroy and Holding Roads will also meet this week to put to vote proposals for the increase of the capital of the companies with own funding. If the proposals are approved, Moststroy's shareholders will receive four new shares for each existing share, while the shareholders of Holding Roads will get 70 new shares for each existing share.
The shareholders' meetings of Central Cooperative Bank (CCB), Kaolin and Eurohold Bulgaria are scheduled for Friday.
The shareholders of Kaolin will put to vote a proposal for the distribution of 0.30 leva dividend per share, while those of CCB will discuss the allocation of the company's profit for 2007 to the Reserves Fund.
The shareholders of Eurohold Bulgaria and Euroins will not be paid dividend. The shareholders of the holding company will discuss the allocation of the profit to the Reserves Fund, while Eiroins' shareholders will put to vote a proposal for the profit to be booked as retained.
BSE's SOFIX blue-chip index advanced by 0.02%, to 1,194.50 points last week, while the broader BG40 index lost 1.62%, slipping to 320.67 points on a weekly basis. BSE's turnover in the first week of operation for the Xetra trading system stood at 24.3 mln leva (12.4 mln euros).