ACS Actividades de Construccion y Servicios SA To Propose Complementary FY 2011 and FY 2012 Interim Dividend Payments; Announces Capital Increase-Reuters

Reuters reported that ACS Actividades de Construccion y Servicios SA announced that, during its upcoming shareholders meeting, it will propose the distribution of a complementary dividend payment for fiscal year 2011 at a total value of EUR 1.15 per share, effective in July 2012. The Company also announced that it will propose the distribution of an interim dividend payment for fiscal year 2012 at a value of EUR 0.9 per share, effective within the first quarter of 2013. Additionally, it will propose to increase the Company’s share capital in an amount of EUR 646 million, through the issuance of new shares, representing a 6.5% of its total shares outstanding, which will be allocated to the Company’s shareholders as an additional dividend payment. Other details were not disclosed.