July 6, 2018 / 1:07 PM / 5 months ago

Shareholders in Poland's KGHM approve no dividend proposal

LUBIN, Poland - July 6 (Reuters) - Shareholders in Polish state-run copper producer KGHM approved on Friday the company’s proposal to pay no dividend.

In May KGHM, which paid a dividend in previous years, said it planned to retain all profits in 2017. The state has a 31.79 percent share in KGHM. (Reporting by Wojciech Zurawski; Writing by Agnieszka Barteczko Editing by Louise Heavens)

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