Dividend
The Second-largest Company by Revenue in Bulgaria Gives BGB 202 Million Dividends for 2018
The Aurubis Bulgaria copper industry, which is one of the largest revenue companies in Bulgaria, plans to distribute dividends to its shareholders for a total of BGN 202.3 million in 2018.
This is clear from a call for a general meeting of shareholders in the company to be held on June 12.
OPAP to draw millions from share increase
Listed gaming giant OPAP is planning to propose a share capital increase to its shareholders, in order to draw up to 800 million euros, instead of distributing a dividend to its old shareholders, in the period from 2019 to 2023.
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Likelihood of dividends increases this year
Listed companies will distribute more dividends this year than 2018, according to data collected by Leon Depolas Securities for Kathimerini.
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Checking of Greeks’ cash abroad begins
The tax administration now has data concerning Greeks with deposits, dividends, shares and real estate abroad over the last couple of years, in the context of the automatic exchange of information.
The inspectors of the Independent Authority for Public Revenue have been processing the data to establish whether the assets abroad have been declared.
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BoG earnings, revenues drop in 2018
Bank of Greece said on Monday that its board would propose a gross dividend per share of 0.67 euros, unchanged from 2017, on its 2018 profit.
The bank said it made net earnings of 657.6 million euros last year, down from 941.8 million euros in 2017.
Revenues dropped 16.8 percent year-on-year to 1.2 billion euros.
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OTE Telecom core profit down 2.6 percent, Romania hurts
Greece's biggest telecoms operator OTE expects a double-digit percentage rise in cash flows this year as recovery in Greece takes hold and its Romania business stabilises.
Primary surplus fed by allowance cuts
The government failed to pay out the social solidarity income, hospital doctors and nurses' extra shift payments, as well as other allowances, so that it will have the necessary liquidity to distribute the so-called social dividend and cover the retroactive payments due to "special wage grid" workers and pensioners.
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Small rise expected in Christmas shopping turnover
Greek retailers are anticipating a marginal increase in turnover over the festive season, as they expect it to climb just above last year's 3.5 billion euros. Even if that is the case, it will still be a far cry from the 5.4 billion euros in sales of Christmas 2009, as turnover has dropped some 35 percent in the last eight years.
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Number of 'hosted' people has gone down
In just one year some 400,000 "guests" have vanished from the income tax declarations of Greek taxpayers; they used to be declared as "hosted individuals" staying rent-free in the homes of other taxpayers.
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Distribution of the 'social dividend' set for Dec 14
The special online platform for recipients of the so-called social dividend will open for applications next week, so that they can receive the Christmas bonus the government is handing out, amounting to 1.3-1.4 billion euros, by December 14.