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Cofina Announces Major Share Capital Reduction

Cofina SGPS SA (DE:112) has released an update.

Confident Investing Starts Here:

Cofina SGPS SA has announced a significant share capital reduction from €41,026,334.40 to €4,102,633.60, reducing shares from 102,565,836 to 10,256,584, with shareholders receiving €0.40 per amortized share. Additionally, starting July 12, 2024, shareholders will be paid from Free Reserves amounting to €11,282,242.40, with a gross dividend of €1.10 per share, subject to withholding tax. The shares will be traded without entitlement to this amount from July 10, 2024.

For further insights into DE:112 stock, check out TipRanks’ Stock Analysis page.

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