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Croatia's Slatisnka Banka shareholder requests dividend payout

Jun 13, 2023, 11:26:13 AMArticle by Annie Tsoneva
share
June 13 (SeeNews) - Helio Kamber, a minority shareholder in Croatia's Slatisnka Banka [ZSE:SNBA] said that he requested the payment of gross dividend of 0.40 euro per share from the bank's profit for last year, challenging a proposal of the bank's management to skip dividend.

Croatia's Slatisnka Banka shareholder requests dividend payout
Slatinska Banka. Source: Slatinska Banka

The bank already has a significant profit retained from previous years and there is no reason not to distribute dividend, Kamber said in a filing to the Zagreb Stock Exchange (ZSE).

Earlier, the management proposed to retain the bank’s net profit of 6.09 million kuna ($869,000/808,800 euro) reported for 2022.

Last year, the shareholders decided to retain 2.8 million kuna out of the bank's net profit of 3.7 million kuna for 2021 and to set aside the remaining 919,395 kuna as reserves to buy the bank's own shares.

According to bourse data, Hungary-registered company AU79 Capital is the largest single shareholder in the bank with 9.22%, followed by a custody account run by Intercapital Vrijednosni Papiri and 2M Consulting with 9.13% and individual Vlatko Kopic with 8.84%.

Slatinska Banka's shares ended 1.96% lower at 10 euro on the ZSE on Monday.

($ = 0.930 euro)

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