Mar 20 • 04:20 UTC 🇬🇷 Greece Naftemporiki

Stock Market – Trastor: First the dividend, then the capital increase

Trastor's General Assembly is scheduled today to approve a dividend distribution of €0.04 per share before proceeding with a capital increase of €150 million.

Trastor, a listed real estate investment company in Greece, is conducting its General Assembly today, where shareholders are expected to approve a dividend distribution of €0.04 per share. This dividend is part of the company’s strategy to reward its investors and provide them with returns on their investment. The date for cutting the right to the dividend is set for March 26, with the payment following on April 1.

In conjunction with this dividend announcement, Trastor has also revealed plans for a capital increase (ΑΜΚ) amounting to €150 million. This move aims to broaden the company's free float, which allows for enhanced liquidity and potentially attracts more investors to the company’s shares. It's a strategic step that indicates Trastor's ambition for growth and expansion within the Greek real estate market.

The implications of this dual approach of distributing dividends while raising capital suggest a balanced strategy by Trastor to ensure shareholder satisfaction while fueling future investments. The announcement showcases Trastor's commitment to maintaining investor confidence, especially in a time of fluctuating market conditions.

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