Corporación Aceros Arequipa
Corporación Aceros Arequipa S.A.: ANNOUNCES DIVIDEND PAYMENT
LIMA, PERU / ACCESSWIRE / October 30, 2018 / Corporación Aceros Arequipa S.A. (“The Company” or “Aceros Arequipa”) (BVL: CORAREC1; BVL: CORAREI1) announced that at a Board meeting held on October 25, 2018, the Company’s Board of Directors approved a cash dividend per common and investment share, which represents a total of S/ 22’584,000.00 related to retained earnings as of December 31, 2014. This payment does not consider the treasury shares: 51’016,683 common shares and 18’528,192 investment shares, according to the Company by-laws, which amounted to 1,073’265,820 shares, resulting in a dividend payment per share of S/ 0.02104232. The dividend will pay as follows: COMMON SHARES: CORAREC1 INVESTMENT SHARES: CORAREI1 About CORPORACIÓN ACEROS AREQUIPA S.A. CORPORACIÓN ACEROS AREQUIPA S.A., founded in 1964, is the leading Peruvian Company in production and commercialization of steel products, with exports to Bolivia and other countries in the region. Its core products are rebars and wire rod and other products for the construction industry as well as merchant bars and flat steel products. The Company has an industrial facility located in Pisco, Peru with an average per-year capacity of 850 thousand tons for its melt shop and 1,250 thousand tons in steel rolling mill. Aceros Arequipa employs approximately 1,100 people. The Company’s common and investment (non-voting) shares are listed on the Lima Stock Exchange under the ticker symbols CORAREC1 and CORAREI1, respectively.
SOURCE: Corporación Aceros Arequipa S.A.
10/31/2018 EQS Newswire / EQS Group AG |