PRESS RELEASE - BASICNET: The...
(WorldNews Italy)

The Shareholders` AGM: approved the 2016 Annual Accounts and the distribution of a dividend of Euro 0.06 per share. Pay-out ratio 32%; voted in favour of the Remuneration Policy of the company as per Article 123-ter of the Consolidated Finance Act; appointed the Board of Statutory Auditors; appointed the independent audit firm for the 2017-2025 nine-year period; authorised the purchase and utilisation of treasury shares; Q1 2017 confirmed the growth of the network of productive and commercial licensees (+5% on 2016). Share buy-back programme initiated The Board of Directors meeting on conclusion of the Shareholders` AGM approved initiation of the treasury share buy-back programme authorised...