The Greek Deal.com
ELLAKTOR
Dividend after 13 years
At Ellaktor's upcoming annual general meeting on May 31, the Board of Directors has resolved to propose the company's first distribution to shareholders in 13 years.
Acquired 237,936 shares of Reds through the Stock Exchange
Ellaktor is buying Reds shares through the stock exchange, following its agreement to acquire 38.79% of the company for €60.1 million
Proposal to acquire 38.79% of Reds for €60.1 million
Ellaktor submitted a proposal to acquire 38,79% of Reds for €60,1 million
€116 million net profit - Profitability at a ten-year high
Ellaktor's net profit of €116 million in 2023 is compared to a loss of €2.6 million in the previous year.
Towards return of capital instead of dividend to shareholders
Ellaktor decides to return capital to shareholders at the end of May.
Due diligence on Helektor by Motor Oil
Εllaktor confirms that due diligence proceedings for its subsidiary Helektor are ongoing. It points out, however, that it has not yet received a specific offer.
25% of Anemos Sold to Motor Oil Group
At a consideration of 123 million euros, 25% of Anemos Res Holdings is transferred to More, a part of the Motor Oil Group, which already holds the remaining 75% of the shares.
Denies Allegations of intention to sell AKTOR Concessions
ELLAKTOR categorically denies any rumor of an alleged intention to sell its subsidiary company AKTOR Concessions, following publications in some online media outlets, as stated in a relevant announcement.