Reuters logo
BRIEF-JR Holding's supervisory board dismisses motion for advance on FY 2016 dividend
December 14, 2016 / 7:11 AM / 9 months ago

BRIEF-JR Holding's supervisory board dismisses motion for advance on FY 2016 dividend

Dec 14 (Reuters) - JR Holding :

* Said on Tuesday that its supervisory board dismissed the management board’s motion for payment of an advance on FY 2016 dividend

* The company’s management board submitted the motion in connection with the implementation of the 2016-2017 development strategy

* The whole proposal has been rejected, as the currently held funds are insufficient to pay the advance and are necessary to secure planned development of JR Holding

Source text for Eikon:

Further company coverage:

Gdynia Newsroom

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below