Brief: Tim Suspends Dividend Policy For 2021-2023
27/03/2023 15:26
March 27 (Reuters) - Tim SA TIMP.WA :
* MANAGEMENT RECOMMEND TO SUSPEND DIVIDEND POLICY FOR
2021-2023
* MANAGEMENT RECOMMEND TO NOT ALLOCATE 2022 NET PROFIT FOR
DIVIDEND PAYMENT
* DECISION DUE TO LAUNCH OF TENDER OFFER FOR TIM'S SHARES
* MANAGEMENT RECOMMENDATION ON ALLOCATION OF 2022 NET PROFIT
STATES THAT IT WILL NOT RECOMMEND ALLOCATING 2022 NET PROFIT ON
DIVIDEND OVER 30.0 MILLION ZLOTYS WHICH WAS PAID AS PROJECTED
ADVANCE ON 2022 DIVIDEND
Source text for Eikon: ID:nEM3W83LHa
Further company coverage: TIMP.WA
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