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NLB Announces Major Dividend and Board Changes
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NLB Announces Major Dividend and Board Changes

Nova Ljubljanska Banka dd (GB:NLB) has released an update.

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Nova Ljubljanska Banka (NLB) shareholders approved a EUR 110 million dividend payment and appointed three new members to the Supervisory Board, including the reappointment of Chairman Primož Karpe. The bank, which has a tradition of semi-annual dividends, has signaled a similar amount for the year-end, aligning with capital management strategies amidst a potential takeover of Addiko Bank AG. Additionally, the General Meeting endorsed revisions to the NLB’s executive remuneration policy to reflect best practices and shareholder recommendations.

For further insights into GB:NLB stock, check out TipRanks’ Stock Analysis page.

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