Montenegrin oil company Jugopetrol announced that it will distribute about 5 million euros from its last year’s profits as dividends, which amounts to net gain of 0.98 euros/share.
In related news, Montenegrin Stock Exchange announced that the auction for sale of 9.2 % share in Jugopetrol will be held on 22 June. A total of 428,700 shares will be offered at the auction at the starting price of 13.5 euros per share.
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