Within the framework of its dividend policy and in view of the company’s healthy cash position since the SunRice purchase did not come off, the Ebro board resolved at a meeting held just before the AGM to distribute an extraordinary dividend of 0.15 €/share.
This extraordinary dividend will be paid in addition to the ordinary dividend approved by the General Meeting for 2010, of 0.416 €/share in quarterly payments of 0.104 €/share over 2011.
The extraordinary dividend will be made effective in two payments of 0.075 €/share, coinciding with the last two quarterly payments of the ordinary dividend of the year: 3 October and 22 December 2011. On both of these dates, therefore, shareholders will receive 0.179 €/share, between ordinary and extraordinary dividend.
With this new dividend, Ebro will distribute dividends among its shareholders in 2011 in a total sum of €133.247 million, which, when added to the €314.534 million paid over the past three years, gives a payout for the period of €447.8 million.