Profil:
Mercator Medical SAMercator Medical wants to pay dividend of PLN 1.61 apiece or earmark PLN 15 mln for buyback
Listed medical gloves producer Mercator Medical has recommended that the company's shareholders choose between allocating PLN 15 million (EUR 3.5 mln) from the company's 2024 profit to the payment of dividends, which would translate into PLN 1.61 (EUR 0.38) per share, or buying back up to PLN 15 million of its own shares, Mercator said in a market filing.
If the dividend is chosen by the general meeting, the proposed dividend record date is July 28, and the payment date is August 11, 2025.
"The above recommendation is supported by the current financial situation of the company and its capital group, allowing the payment in the amount presented without compromising the business and the financial position, as well as by the factors responsible for the recorded profit," Mercator Medical said in the market filing.
"(...) The recommendation presented is also supported by the prevailing uncertainty in the markets due to tensions in global trade policy and the announcement of additional tariffs by the United States on products coming from Asia, including Thailand, a key region of the Mercator Medical capital group's manufacturing activities,’ it added.
mcb/ ao/