The Board of Directors of BPER Banca today reviewed and approved the draft separate financial statements of the Bank and the consolidated financial statements of the Group at 31 December 2016, fully confirming the preliminary results already analysed and approved on 9 February 2017.
The Board approved the proposed allocation of the profit made by the Bank for an amount of € 18,698,675.54, with the distribution of a cash dividend of Euro 0.06 for each of the 481,308,435 shares representing the share capital (net of those held in portfolio at the ex-dividend date: 455,458 at 31 December 2016 and to date), for a total of € 28,878,506.10, with the use of reserves for a total of 10,179,830.56.
Payment of the dividend, which will be submitted to the Shareholders' Meeting of 8 April 2017 for approval, is scheduled from 24 May 2017 onwards, according to the calendar of Borsa Italiana S.p.A. As regards its market price, BPER's stock will go ex-coupon on Monday, 22 May 2017, while the record date is scheduled for Tuesday, 23 May 2017.
