Tallink Amends Group Dividend Policy And Intends To Reduce The Company’s Share Capital
The Management Board of Tallink Grupp adopted a decision to supplement the Group’s dividend policy. With the decision the Group’s dividend strategy foresees the payment of dividends in the amount of 0.05 EUR per share going forward, the company’s financial results permitting.
In addition, the Group’s Supervisory Board gave the Group’s Management Board the instruction to prepare a proposal for the 2019 general shareholders’ meeting to reduce the company’s share capital by at least 7 cents per share. The aim of the reduction is to improve the company’s capital structure.