Eason to pay €14m to shareholders via dividends and share buybacks
The books and stationery retailer, with 230 shareholders, will hold an egm next year to secure approval
The books and stationery retailer, with 230 shareholders, will hold an egm next year to secure approval
Latest accounts for retailer Eason shows it turnover and profit both increased last year
Attitude towards international tax domicile may changes with future governments
Some 230 investors in retailer will receive €1 a share under distribution of funds
Cantillon: Bookseller has survived world wars, uprisings and various recessions, but Covid could be its biggest challenge yet
Move involves the distribution of proceeds from the sale of Eason properties over the past two years
Shareholders due €20m payout in autumn while sale of O’Connell Street shop delayed
Acquisitions expected to add €5m to retailer’s annual turnover and boost profitability
Irish retailer records after-tax profit of €4m last year, largely due to property valuations
The company has worked hard over the past decade to meet twin challenges of recession and migration of consumers to online
Irish retailer’s 220 shareholders are expected to share a windfall of €60m
Book retailer plans to free up some €100m in capital by completing sell-off of 13-strong portfolio
Irish retailer’s chairman David Dilger says migration to online is happening at a ‘faster pace than anticipated’
First stage in property disposals that will free up €20m
Move will include sale and leaseback of flagship property on O’Connell Street
Eason saw growth in both volume and value terms in the Republic last year
Move designed to release capital for shareholders and provide €20m for retail business
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Online store is now Eason’s second largest by revenue, behind only its Dublin flagship
Ó Ríordáin was officially named as chair in 2012 and reappointed in 2015
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Ex-Greencore chief will take over role at State’s biggest book seller in November
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