Brief: ERG plans FY 2016 dividend, share buyback

Erg SA

30/03/2017 10:05

March 30 (Reuters) -  ERG SA  ERGA.WA : 
    * Said on Wednesday that its management plans to recommend a 
dividend of 1.25 zloty per share for 2016, 1.0 million zlotys 
($254,427) in total 
    * The management also plans to recommend share buyback of up 
to 105,000 of the company's shares, 11.99 pct of its share 
capital 
    * Plans to spend on the share buyback no more than 3.5 
million zlotys 
    * The supervisory board approved above recommendations, the 
shareholders will vote on the proposals on March 30 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1D4lfK  urn:newsml:reuters.com:*:nEM60l3ll 
     
 Further company coverage:  ERGA.WA   
    
 
 
 
($1 = 3.9304 zlotys) 
 
 (Gdynia Newsroom) 
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