Stock
In 1994 minor stake in company was privatized using voucher privatization. If citizen invested all his vouchers (sold for 1000,- Kčs) in ČEZ, he gained 33 stocks (330 current shares after stock split). In 2007 Czech government decided to sell gradually another 7% stake on stock market, but due price fall of stocks in spring 2009 affected by financial crisis selling was suspended. In 2008 company decided to make share repurchase of 9% stake,.
As of December 31, 2011, the Czech Republic remained the company’s largest shareholder with 70.29% stake in the stated capital.
Stocks are traded on Prague, Czech Stock Exchange – RM-SYSTÉM, Warsaw and Frankfurt stock exchanges. As of December 12, 2011 asset managers held 13.09% (of them as of December 31, 2011, Československá obchodní banka, a. s., held 4.17% and Citibank Europe 4.8%, other legal entities 12.28% and private indiviaduals 4.34% stake). Since 2001 company is paying annual dividends.
Read more about this topic: CEZ Group
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My maidenhead should have.”
—Unknown. The Twa Magicians (l. 17–20)
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