In the period from June 17 to October 24 this year, the shareholders of Kokhavynska Paper Mill JSC (KPM, Lviv region) will be paid dividends for 2023 totaling UAH 6.852 million out of the net profit of UAH 137.043 million.
According to the company’s publication in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant decision was made by the general meeting of shareholders on April 25.
Dividends will be paid in the amount of UAH 2.41 per share with a par value of UAH 0.25.
According to the NSSMC data for the first quarter of 2024, almost 12% of the company’s authorized capital belongs to the chairman of the supervisory board Mykhailo Tytykalo, his daughter and member of the SB Larysa Tytykalo – 8.49%, his granddaughter Maria Goryanskaya – 10%, Tamara Tytykalo – 15.5%, members of the Supervisory Board Oleksandr Teletkov, Igor Kostyrko and Roman Pirig – more than 11.12% and 11.92% and 7.88%, respectively, and Oksana Serembytska – 7.88%.
The authorized capital of the company is UAH 711.83 million, divided into 2 million 847 thousand 328 shares.
Operating since 1939, Kokhavynka Paper Mill produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels under the Kokhavynka trademark (made from waste paper) and the Kokhavynska Papirnya and Mildi trademarks (cellulose).
As reported, in 2023, the factory increased its production by 18% compared to 2022, to UAH 1 billion 151.2 million. Net profit increased 2.7 times.
