Acron may spend over $ 89 million on dividends
The Board of Directors of the Acron Group has recommended that the extraordinary general meeting of shareholders, which will be held on April 3, 2020 in the form of absentee voting, pay dividends from undistributed earnings for previous years in the amount of 157 rubles ($ 2,2) per share. Thus, the total amount of funds allocated for the payment of dividends will reach 6.364 billion rubles (more than $ 89 million).
It is worth noting that the Acron Group has not yet published its financial results for the past year. In 2018, the company had revenue of 57.783 billion rubles (around $ 808.47 million) and net profit of 7.628 billion rubles (approximately $ 107 million).