Iberpapel pays €0.65 per share dividend
In the wake of yesterday’s Annual General Meeting, the Board of Directors of Iberpapel has approved the payment of a dividend in the amount of €0.65 per share (before withholding tax). Of this total, €0.30 per share has already been paid out to the Company’s shareholders in the form of an interim dividend, leaving payment of a final dividend of €0.35 per share pending; this dividend will be paid from 4 May 2016.
The Board of Directors has further resolved to reduce Iberpapel’s share capital by €318,694.20 by means of the cancellation of 531,157 own shares held as treasury stock. The capital increase will be carried out within six months.