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BELGRADE (Serbia), April 23 (SeeNews) - Serbian tobacco company Duvanska Industrija Bujanovac (DIB) [BEL:DIBB] intends to skip dividend distribution for 2018, it said.
The company did not pay a dividend for 2017 either.
Duvanska Industrija Bujanovac shareholders approved the decision at a meeting held on April 19, the company said in a bourse filing.
The share price of DIB currently stands at 11,453 dinars ($109.2/97.1 euro), according to data from the Belgrade Stock Exchange. There were no deals involving the shares of the company in the last three years.
(1 euro = 117.995 dinars)