Krka d d : Proposed dividend for Krka shareholders 32.8% higher than last year
April 09, 2020 at 04:33 am EDT
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9. 4. 2020
Novo mesto, 9 April 2020 - At yesterday's regular Supervisory Board meeting, the Krka Supervisory Board and Management Board drew up a proposal that Krka pays its shareholders a dividend of €4.25 gross per share, which is an increase of 32.8% on last year's dividend.
At the meeting, the Supervisory Board, together with the Management Board, prepared a proposal on the use of the 2019 accumulated profit. They will propose to the Annual General Meeting, which - in line with Krka's financial calendar - will be held on 9 July 2020, to allocate Krka's accumulated profit for 2019 in the amount of €270,870,010.09 as follows:
to dividends: €4.25 gross per share: €133,853,648.00;
to other profit reserves: €68,508,181.04;
to be carried forward to next year: €68,508,181.05.
The indicated amounts are calculated taking into account the number of treasury shares as at 8 April 2020. Upon the release of the AGM notice, the number of treasury shares on the date of the notice will be applied.
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KRKA dd published this content on 09 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2020 08:32:15 UTC
Krka dd Novo Mesto is a Slovenia-based company engaged in the production of pharmaceutical preparations. The Company operates through four segments: Prescription Pharmaceuticals that includes medicines for the treatment of cardiovascular diseases, alimentary tract and metabolism and drugs for diseases of the central nervous system, among others; Non-prescription Products, providing vitamins and minerals, cough and cold products, analgesics, sore throat products, among others; Animal Health Products, which offers general anti-infectives and antiparasitics for animals; Health Resort and Tourist Services consisting of Spa resorts in Smarjeske Toplice, Dolenjske Toplice, Strunjan, Novo Mesto and Otocec. Krka dd Novo Mesto is a controlling company of the Krka Group that includes two subsidiaries in Slovenia, Terme Krka doo and Farma GRS doo, and over 20 subsidiaries abroad in such countries as Croatia, Germany, Sweden, Poland, Spain, United States, Ireland, among others.
KRKA, D. D. 
