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NLB Announces 17% Dividend Increase and Supervisory Board Re-election

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NLB Announces 17% Dividend Increase and Supervisory Board Re-election

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Nova Ljubljanska Banka dd ( (DE:N1V2) ) has issued an announcement.

Nova Ljubljanska Banka d.d. has announced the convocation of its 44th General Meeting of shareholders, where a 17% increase in dividend payout is expected to be confirmed. The bank plans to distribute 50% of its 2024 profit, amounting to EUR 257 million, in two tranches in 2025, contingent on no significant M&A activity. Additionally, the re-election of Islam Osama Bahgat Zekry to the Supervisory Board will be voted on, highlighting his valuable contributions to the bank’s technological advancements. Various policies and reports, including those on remuneration and diversity, will also be discussed at the meeting.

More about Nova Ljubljanska Banka dd

Nova Ljubljanska Banka d.d. (NLB) operates in the financial services industry, primarily offering banking services. It focuses on creating value for its shareholders and maintaining a strong capital ratio.

YTD Price Performance: -0.80%

Average Trading Volume: 351

Technical Sentiment Signal: Hold

Current Market Cap: €2.57B

See more insights into N1V2 stock on TipRanks’ Stock Analysis page.

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