Bittnet Group has a stable dividend policy. Since listing on the AeRO market of the Bucharest Stock Exchange in 2015, the company has followed a patented model, of distributing to its shareholders the accrued profits in the form of free shares, a process which is expected to continue in the following years.
Throughout the years, the following allocation ration has been proposed by the management and accepted by the shareholders:
- The 2019 profit and the issue premiums from the previous capital increases with cash contributions were used for the allocation of free shares in a proportion of 7:10. Thus, the shareholders registered in the Bittnet register of shareholders from the date of July 21, 2020 benefited of 7 free shares for every 10 held. Through this operation, the company increased its share capital from 12,724,984.70 ron to 21,632,474 ron, an operation approved by EGMS Decision no. 2 from 29.04.2020.
- For 2018 profits, the allocation ratio was 1 free share per each BNET share held. As a result, the company increased in 2019 its capital with the sum of RON 5.523.320,50 by issuing 55.233.205 new shares with nominal value of RON 0.1 per share.
- For 2017 profits, the allocation ratio was 3 bonus shares per 5 BNET share held. As a result, the company increased in 2018 its capital with the sum of RON 1.826.655,40 by issuing 18.266.554 new shares with nominal value of RON 0.1 per share.
- For 2016 profits amounting to RON 1,180 million, the allocation ratio was 1 free share per each BNET share held. As a result, the company increased in 2017 its capital with the sum of RON 1.451.412,3 by issuing 14,514,123 new shares with nominal value of RON 0.1 per share.
- For 2015 profits amounting to RON 1,033 million, the allocation ratio was 2 free shares per each BNET share held. As a result, the company increased in 2016 its capital with the sum of RON 900,876.6 by issuing 9,008,766 new shares with nominal value of RON 0.1 per share.
NEWS
- Announcement 7th coupon payment – BNET23A bonds 20.06.2022 18:10
- Announcement 7th coupon payment – BNET23C bonds 20.06.2022 18:00
- New investor within Dendrio Solutions 15.06.2022 10:53
- Q1 2022 Report 13.05.2022 18:07
- Cancellation of preference rights BNETR10 & BNETR12 09.05.2022 07:36