Aperam S.A.
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Publicatie datum
10 feb 2016 - 17:55
Statutaire naam
Aperam S.A.
Titel
Aperam announces dividend payment schedule for 2016
Bericht
Luxembourg, 10 February 2016 - Aperam announces its detailed dividend payment schedule for 2016. As announced on 5 November , 2015, Aperam declared its financial policy to maximize the long term growth and sustainability of the company as well as the value accretion for its shareholders while maintaining a strong balance sheet. Subject to shareholders approval at the 2016 annual general meeting of shareholders, Aperam restates a base dividend of $1.25 per share, and anticipated to progressively increase over time as the company continues to improve its sustainable profitability benefiting from its strategic actions. The company targets a Net Financial Debt/EBITDA ratio of <1x (through the cycle). In the (unlikely) event that Net Financial Debt/EBITDA exceeds 1x, the Company will suspend the cash dividend. The dividend will be paid in four equal quarterly installments of $0.3125 (gross) per share.
Datum laatste update: 27 juli 2024