December 9 (SeeNews) - The shareholders of Slovenian blue-chip hand tools manufacturer Unior's [LJE:UKIG] rejected a proposal for the reduction of the company's share capital to 23.1 million euro ($24.4 million) from 23.7 million euro by cancelling shares, it said.
A total of 84% of the votes cast during an extraordinary shareholders' meeting held on December 8 were against the proposal, the company said in a filing with the Ljubljana Stock Exchange on Thursday.
Unior proposed the cancellation of 69,784 shares, representing 2.46% of all shares issued by the company, it said.
Unior recorded a consolidated net profit of 10.4 million euro in the first nine months of 2022, up 28% from 8.1 million euro in the like period of last year.
($ = 0.945 euro)