The document sent to the Comissão do Mercado de Valores Mobiliários, which regulates the Lisbon stock exchange, states that dividends will be paid starting June 25 through Novo Banco.
On May 28, shareholders of Martifer approved this dividend in a general assembly as part of the company’s earnings allocation proposal for the 2024 financial year.
Martifer’s shareholders also approved the allocation of 7.5 million euros “to cover negative retained earnings,” with an additional allocation of 3.6 million euros to other reserves.
Not all proposed resolutions were voted on, as “at the beginning of the Annual General Assembly, the shareholder I’M SGPS, S.A. submitted a request to the board to withdraw items 6, 7, and 8 from the agenda, which had been requested and accepted by them. This request was granted by the President of the General Assembly,” according to the statement.
The withdrawn items involved setting the number of Board of Directors members at 13, the election of two new board members, and a related amendment to the statutes.
Additionally, the 2024 accounts documents were approved, the overall management and supervision of the company were evaluated, the purchase and sale of treasury shares were deliberated, and the remuneration policy was approved.
Martifer Group operates in Portugal and internationally in sectors such as metal construction, shipbuilding, and renewable energies.
