Romanian telco giant Digi Communications proposes distribution of bonus shares
Digi Communications, a major telco company in Romania with branches in other countries, has proposed the distribution of bonus shares to its shareholders. The final decision on the proposal will be subject to a vote at the shareholders'…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Digi Communications, a major telco company in Romania with branches in other countries, has proposed the distribution of bonus shares to its shareholders. The final decision on the proposal will be subject to a vote at the shareholders' meeting on March 20.
Under the proposal, Digi Communications would issue up to two new Class A shares for each existing Class A share, and up to two new Class B shares for each existing Class B share, through the capitalization of reserves and past profits, for a total amount of up to EUR 13 million.
