CTT shareholders approved, at a general meeting, a dividend of 17 cents relating to the 2023 result, as well as the extinction of shares, within the scope of the securities buyback program, according to a statement to the market.
In the note, published at the Securities Market Commission (CMVM), the company said that shareholders adopted the resolutions put to the vote.
Thus, “the application of the results for the 2023 financial year under the terms proposed by the Board of Directors was approved, including the payment of a gross dividend per share of 0.17 euros”.
The shareholders also gave the ‘green light’ to the “reduction of CTT’s share capital by up to 3,825,000.00 euros corresponding to the extinction of up to 7,650,000 own shares already acquired or that will be acquired by June 25, 2024 within the scope of the repurchase program of own common shares that the Board of Directors announced on June 21, 2023 and is currently underway”.
The shareholders also approved the financial statements relating to last year, as well as “a vote of positive appreciation and confidence to the company’s Board of Directors and a vote of positive appreciation and praise to the company’s supervisory bodies and each one of its members for carrying out their duties during the 2023 financial year”.
Favorable decisions were also made on “the remuneration policy for members of the company’s management and supervisory bodies, including the plan for granting options on CTT shares to executive directors”, as well as the “granting of authorization to the Board of Directors for the acquisition and sale of own shares by the company and dependent companies”.
CTT shareholders also elected the auditor for the 2024/2026 term of office.
ALN // CSJ
Lusa/End
Tags: CTT shareholders approve dividend euros capital reduction million Dividends
