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Richter's board to propose dividend of HUF 860 per share

The board of directors of drug maker Richter Gedeon will propose payment of a HUF 860-per-share dividend for ordinary shares at the company's AGM on April 17, Richter said on Friday.

The amount remaining from after-tax profit after dividend payment will be placed into profit reserves.

Richter paid dividends of HUF 770 per share last year.