Brief: Alba To Propose Scrip Dividend Of Up To 58.1 Mln Euros

Corporacion Financiera Alba SA

09/05/2023 06:22

May 9 (Reuters) - Corporacion Financiera Alba SA
 ALB.MC :
    * SAID ON MONDAY IT WILL PROPOSE DISTRIBUTION OF A FLEXIBLE
DIVIDEND (SCRIP DIVIDEND) IN THE AMOUNT OF UP TO 58.1 MILLION
EUROS 
    * THIS DIVIDEND IS EQUIVALENT TO 0.98 EUROS PER SHARE
    * TO PROPOSE SHARE CAPITAL INCREASE PERFORMED THROUGH 
ISSUANCE
AND RELEASE OF NEW SHARES
    * NEW SHARES ARE ISSUED AT PAR VALUE OF ONE EURO, WITH NO
SHARE
PREMIUM AND WILL BE ALLOTTED FREE OF CHARGE TO SHAREHOLDERS
    * SHARES WILL BE OF THE SAME CLASS AND SERIES AS THOSE
CURRENTLY
IN CIRCULATION 
    * CAPITAL INCREASE MAY BE EXECUTED BY THE BOARD OF DIRECTORS
WITHIN THE FOLLOWING YEAR 

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nCNM36JPpt
 Further company coverage:  ALB.MC  

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