Reuters exclusively reported that the Czech Finance Ministry has proposed that state-controlled utility CEZ pay a dividend of 48 crowns per share this year, rather than the 44 crowns proposed by the company’s board. The higher dividend, to be voted on at an annual meeting on June 28, would amount to 25.8 billion crowns rather than the 23.7 billion crowns proposed by the board. The state owns 70% of CEZ.
Business & Finance
20 July 2022, 6:35 pm. 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Czech Republic
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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