The company approved a record 199.4-million-euro dividend distribution to its shareholders, or 1.80 euros per share, in a general meeting to be paid out on Wednesday, July 3rd.

The mega project will be undertaken by the consortium Hellenic Hydrogen, with Motor Oil controlling 51% and PPC 49% of the scheme

The total dividend proposed is 199.4 million euros, or 1.80 euros per share.

Reports claimed the refinery group was interested in Helektor, a waste management and power generation company

Alpha Finance maintained a “buy” recommendation for the stock.