May 20 (SeeNews) - Bulgarian financial leasing company Elana Agrocredit [BUL:EAC] said on Thursday that its shareholders have approved the management's proposal for the distribution of a gross dividend of 0.0708 levs ($0.0442/0.0362 euro) per share for 2020.
Elana Agrocredit will distribute a total of 2.58 million levs as dividend for last year, it said in a stock exchange filing.
Shares in Elana Agrocredit last traded at a price of 1.13 levs apiece on the Bulgarian Stock Exchange.
The company's net profit increased to 2.87 million levs in 2020 from 2.77 million levs in 2019.
Elana Agrocredit distributed a total of 2.49 million levs, or 0.06467 levs per share, for 2019.
Last year, Elana Agrocredit repurchased 199,386 own shares, or 0.5443% of its capital, under its debut share buyback programme.
(1 euro = 1.95583 levs)