Iberpapel to pay €0.40 per share in partial distribution of share premium account
At yesterday’s General Meeting, the shareholders of Iberpapel Gestión ratified the
partial distribution to shareholders of the share premium account, in the amount of
€0.40 per share.
The money will be paid out on 8 July 2011. The company already paid out a €0.30 per
share interim dividend in February of this year.
In all, Iberpapel’s shareholders will receive payment of €0.70 per share against 2010
profit, three times the prior-year dividend.
The shareholders also approved the cancellation of 385,783 treasury shares, equivalent
to 3.3% of the total outstanding.