Share

Exor, ok to the 2012 budget: profit at 105,5 million

A dividend of €0,335 per ordinary share, €0,3867 for preferred shares and €0,4131 for savings shares will be distributed. The total amount will reach a maximum of 78,5 million

Exor, ok to the 2012 budget: profit at 105,5 million

Green light from the shareholders' meeting of Exor to the 2012 financial statements, closed with a profit of 150,5 million euros, against 58,7 million in 2011. The meeting, chaired by John Elkann, approved the distribution of a dividend equal to 0,335 euro for each ordinary share, 0,3867 euro for preference shares and 0,4131 for savings shares. The total amount will reach a maximum of 78,5 million.

Also approved was the renewal of the authorization to purchase treasury shares and the renewal of the five-year mandate to increase the share capital up to a maximum of 500 million nominal euros and to issue convertible bonds up to a maximum amount of one billion euros.

By mid-afternoon, Exor's share on the Stock Exchange gained just over one percentage point.  

comments