Business news from Ukraine

Business news from Ukraine

Insurer BUSIN has reduced amount of planned dividends

On October 2, shareholders of the insurance company Busin (Kyiv) decided to change the size of previously approved dividends for 2023 to UAH 12.043 million from UAH 15.999 million. The company announced this in the information disclosure system of the National Commission on Securities and Stock Market (NCSSM).

Dividends will be paid directly to shareholders with the calculation of UAH 49.36 per share.

As reported, the shareholders of IC Busin at the meeting on May 3, 2024 approved the profit of 55.218 million UAH for 2023 and the decision to direct to the payment of dividends of 15.999 million UAH, and 39.219 million UAH to remain undistributed.

Earlier, the company’s shareholders allocated UAH 13.6 million for dividend payments in 2022, UAH 11.4 million in 2021, and UAH 16 million in 2020.

According to the data of NCSSM as of the second quarter of 2024, the shareholders of the insurer are Larisa Nepochatova and Alexey Ovchinnikov (25% each), Alexander Nepochatov (24,99%), Denis Ovchinnikov and Ivan Ovchinnikov (12,495% each),

IC Busin was registered in February 1993. It specializes on risk types of insurance. It is a member of a number of professional and industry associations: League of Insurance Organizations of Ukraine, National Club of Insurance Payouts, International Association of Aviation Insurers (UA), Nuclear Insurance Pool, American Chamber in Ukraine, British Business Club.

 

 

,