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Serbia's Bigz Publishing to reduce capital by 1.44 mln dinars (12,300 euro)

Serbia's Bigz Publishing to reduce capital by 1.44 mln dinars (12,300 euro) unsplash.com

BELGRADE (Serbia), May 20 (SeeNews) - Serbia's publishing company Bigz Publishing [BEL:BGZP] cut its capital by 1.44 million dinars ($13,000/12,300 euro) by cancelling 2,881 own shares, it said.

Following the capital reduction, Bigz Publishing's capital amounts to 10.4 million dinars, divided into 20,723 shares with a nominal value of 500 dinars apiece, it said in a bourse filing on Wednesday.

The capital reduction plan was approved by Rudo's shareholders on September 2, bourse data showed.

In 2021, Bigz Publishing's net loss rose elevenfold on an annual comparison basis, to 122.5 million dinars.

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