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Old 10th May 2011, 20:34
  #1939 (permalink)  
LD12986
 
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Stelios is indeed still not happy:

FT.com / Companies / Airlines - Founder seeks special dividend from EasyJet

“The company’s balance sheet is too lazy as a result of the previous absurd policy of zero dividends for 11 years after the IPO,” said Sir Stelios, the biggest single shareholder with control over a 38 per cent stake.

Sir Stelios, who stepped down as chairman in November 2002, said the airline had £600m more in cash than the mandated board policy.

“I think shareholders would be better off if the board returned this surplus cash to them, so they can invest it in other businesses.”
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