Brief: Ercros Board Believes Proposal To Distribute Dividends From Voluntary Reserves Is Neither Timely Nor Prudent In Ercros' Current Economic And Strategic Context
22/05/2025 08:05
May 22 (Reuters) - Ercros SA ECR.MC: BELIEVES THAT PROPOSAL TO DISTRIBUTE DIVIDENDS FROM VOLUNTARY RESERVES IS NEITHER TIMELY NOR PRUDENT IN ERCROS' CURRENT ECONOMIC AND STRATEGIC CONTEXT PROPOSES TO VOTE AGAINST PROPOSAL WHICH CONSISTS OF APPROVING DISTRIBUTION OF UNDISTRIBUTED DIVIDEND FROM COMPANY'S VOLUNTARY RESERVES Source text: ID:nCNM5F850Z Further company coverage: ECR.MC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))