Capital Market & Private Equity
Cosumar, Lesieur Cristal and Eaux Minérales d’Oulmes among the profitable companies cancelling dividends

Cosumar, Lesieur Cristal and Eaux Minérales d’Oulmes among the profitable companies cancelling dividends

No less than 15 companies listed on the Casablanca Stock Exchange have already decided not to distribute any share of profits to shareholders, even though the majority report an improved financial performance.

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            ▪ Cosumar, Lesieur Cristal and Eaux Minérales d’Oulmes among the profitable companies cancelling dividends

▪ No less than 15 companies listed on the Casablanca Stock Exchange have already decided not to distribute any share of profits to shareholders, even though the majority report an improved financial performance.

http://www.jeuneafriquebusinessplus.com/en/804208/bien-que-profitables-cosumar-lesieur-cristal-eaux-minerales-doulmes-etc-annulent-leurs-dividendes/

28/04/2020 at 18h45, by Jeune Afrique Business+

Some 15 companies listed on the Moroccan stock market which have, as of 24 April, called their shareholders to general meetings, intend to put the allocation of all annual profits to reserves to an investors’ vote in order to address the uncertainties surrounding the Covid-19 pandemic.

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