Surprise boost for shareholders of investment firm TVC Holdings

Shareholders in investment holding company TVC Holdings got a surprise 14 per cent boost in the value of their stakes last week when the stock went ex-dividend ahead of a payout.

14th September, 2013
Shane Reihill, executive chairman of TVC, will receive a €13.5m payout. Photo: Tony O'Shea

Shareholders in investment holding company TVC Holdings got a surprise 14 per cent boost in the value of their stakes last week when the stock went ex-dividend ahead of a special payout.

TVC is scheduled to pay a dividend of 50c a share on September 25 to anyone who held shares up to last Wednesday, meaning the price should have fallen by that amount on the day.

But the stock, which had been trading at 99c, fell...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago