Embotelladora Andina S.A. Declares Final Dividend and Additional Dividend for the Year 2017, Payable on May 31, 2018 and August 30, 2018 Respectively; Announces Board Appointments
April 20, 2018 at 05:53 pm
Share
Embotelladora Andina S.A. at its General Shareholders' meeting held on April 19, 2018, approved a payment of a final dividend on account of 2017 fiscal year and an additional dividend on account of retained earnings. The company approved CLP 21.50 (twenty one point fifty Chilean pesos) per each Series A Shares; and CLP 23.65 (twenty-three point sixty five Chilean pesos) per each Series B Shares. Payment of this final dividend will be available beginning May 31, 2018. The shareholders' registry will close on the fifth business day prior to payment date.
The company declared an additional dividend of CLP 21.50 (twenty one point fifty Chilean pesos) per each Series A Shares; and CLP 23.65 (twenty-three point sixty five Chilean pesos) per each Series B Shares. Payment of this additional dividend will be available beginning August 30, 2018. The shareholders' registry will close on the fifth business day prior to payment date.
The company also appointed Manuel Arroyo, Felipe Joannon Vergara and Rodrigo Vergara Montes as Directors.
Embotelladora Andina SA (Coca-Cola Andina) is a Chile-based beverage company. The main activity of the Firm is to manufacture, bottle, market and distribute the products registered under the name of The Coca-Cola Company (TCCC), as well as to market and distribute some brands of other companies such as Monster, Heineken, AB Inbev, Diageo and Capel, among others. The operating segments of the Company have been determined by geographic locations where it operates and holds licenses to produce, market and distribute products: Chile, Brazil, Argentina and Paraguay. The four segments identified develop their business through the production and sale of soft drinks, other beverages and packaging.
Embotelladora Andina S.A. Declares Final Dividend and Additional Dividend for the Year 2017, Payable on May 31, 2018 and August 30, 2018 Respectively; Announces Board Appointments