At yesterday’s regular Supervisory Board meeting, the Krka Supervisory Board and Management Board drew up a proposal that Krka pays its shareholders a dividend of €4.25 gross per share, which is an increase of 32.8% on last year’s dividend.
At the meeting, the Supervisory Board, together with the Management Board, prepared a proposal on the use of the 2019 accumulated profit. They will propose to the Annual General Meeting, which – in line with Krka’s financial calendar – will be held on 9 July 2020, to allocate Krka’s accumulated profit for 2019 in the amount of €270,870,010.09 as follows:
- to dividends: €4.25 gross per share: €133,853,648.00;
- to other profit reserves: €68,508,181.04;
- to be carried forward to next year: €68,508,181.05.
The indicated amounts are calculated taking into account the number of treasury shares as at 8 April 2020. Upon the release of the AGM notice, the number of treasury shares on the date of the notice will be applied.
Miscellaneous Resolutions of the Supervisory Board
At their meeting of 8 April 2020, members of the Supervisory Board of Krka unanimously approved the motion to donate 30% of remuneration for their work on the Supervisory Board of Krka and the related committees for the time being up to including the month when the end of the COVID-19 outbreak in the territory of the Republic of Slovenia is announced. The donations are to be used for the people in need from the local environment.