The Philip Morris CR AGM takes place today, and the dividend is on the agenda. The company proposes a gross dividend of CZK 1,575 per share out of PM CR's 2003 profit. Expected.
The record date for the dividend is proposed as April 26. As changes in PM CR shares' records in the Czech Securities Register were suspended between April 20 and April 26, the effective record date was April 19.
The payout date is proposed May 17, 2004.
Separately, the company recorded a decline in its market share to 78.2% in the Czech Republic (80.4% in 2002) and to 54% in Slovakia (55.8%) last year.
Jan Hajek