December 19, 2019 / 7:30 AM / a month ago

Stock Spirits' investor urges co to pay special dividend, review policy

Dec 19 (Reuters) - Western Gate Private Investments, second-largest investor in Stock Spirits, on Thursday urged the vodkamaker for a special dividend and a review of the company’s capital allocation, mergers and acquisitions, and dividend policy.

“Stock Spirits is a mid-cap Company that is neither growing or delivering returns,” said Western Gate Private Investments, which has a 10% stake in the company.

It asked for a dividend of 0.1219 euro per share.

Stock Spirits could not be immediately reached for comment. (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Rashmi Aich)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below