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Nutex shareholders approve HUF 10-per-share dividend

The shareholders of Hungarian dietary-supplement maker NUTEX approved at the company's April 30 AGM the board's proposal to pay a dividend of HUF 10 per share, Nutex reported on May 1.

Nutex, known as Humet until February, had consolidated profit of HUF 101m last year after consolidated losses of HUF 250m in 2009. Consolidated revenue reached HUF 1.3 billion in 2010, up 59.3% yr/yr.

The AGM authorised the board to purchase treasury shares up to 10% of the registered capital. Nutex board may buy more than 170,000 treasury shares as a result in the next one and half years.

Nutex shares trade in the B-category at the Budapest Stock Exchange.