Dominion raises its treasury stock above 3%

MADRID, 1 Abr.

Dominion raises its treasury stock above 3%

MADRID, 1 Abr. (EUROPA PRESS) -

Global Dominion has increased its treasury stock to 3.009% of the group's share capital from the previous 1.01%, according to information sent this Monday to the National Securities Market Commission (CNMV).

The company announced in the presentation of its 2023 accounts that part of the 71 million euros of cash flow generated last year would be allocated to the share buyback program.

Thus, Dominion recalled that in 2023 they invested 8.4 million in share repurchases, of which 5.8 million were for the purpose of being amortized and rewarding the shareholder, with 1.5 million shares being repurchased.

As of February 28, when the company presented its annual results, Dominion had repurchased 12% of the company.

The board of directors of Dominion agreed to submit to the consideration of its general meeting of shareholders, which will be held on second call on April 23, a complementary dividend charged to freely available voluntary reserves, in the amount of 0.09775 euros gross per share, which brings the total amount to 14.77 million euros.

From the agenda presented at the end of March by the company it was also clear that Dominion will re-elect Mikel Barandiaran Landin as executive CEO for the statutory period of four years, and Antonio María Pradera Jauregui and Juan María Riberas Mera, as proprietary directors.

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