Key Developments: Cairo Communication SpA (CAI.MI)
3.40EUR
11:30am EDT
€0.16 (+4.94%)
€3.24
€3.25
€3.45
€3.22
223,663
131,790
€3.45
€2.40
Latest Key Developments (Source: Significant Developments)
Telecom Italia Media SpA Completes Sale of La7 Srl to Cairo Communication SpA
Telecom Italia Media SpA announced that having received the relevant regulatory authorizations, the sale of La7 Srl to Cairo Communication SpA has been completed on April 30, 2013, under the terms and conditions already communicated to the market by Telecom Italia Media and Cairo Communication on March 4, and March 5, 2013, respectively. Full Article
Cairo Communication SpA Renews Share Buy Back Program
Cairo Communication SpA announced that the AGM approved the proposal to purchase and sell treasury shares. The Board was authorized to purchase treasury shares up to the maximum number allowed by law, for a period of 18 months from the date of authorization, by use of available reserves, including the share premium reserve, as resulting from the last approved annual financial statements. Full Article
Telecom Italia Media SpA Approves Sale of 100% Stake in La7 Srl to Cairo Communication SpA
Telecom Italia Media SpA announced that it has approved the sale of 100% stake in La7 Srl to Cairo Communication SpA. The sale of the Company's entire interest in La7 Srl is excluding the 51% interest in MTV Italia Srl. The Board of Directors of Telecom Italia Media SpA resolved to give a mandate to the Chairman to finalize the agreement with Cairo Communication SpA and sign the relevant deed documents. Under the agreement, Telecom Italia Media SpA shall receive a consideration of EUR 1 million. Full Article
Cairo Communication SpA to Propose Full Dividend Distribution for FY 2012
Cairo Communication SpA announced that it will propose to the Shareholders' Meeting of full dividend of EUR 0.27 per share for the fiscal year 2012, including the dividend of EUR 0.13 distributed on December 2012. Full Article
Cairo Communication SpA to Distribute Interim Dividend for FY 2012
Cairo Communication SpA announced that it has resolved on the distribution of an interim dividend to shareholders for fiscal year 2012 of EUR 0.13 (inclusive of tax) for share. The interim dividend will be paid as of December 6, 2012, following the registration date of coupon no. 6 on December 3, 2012. The Company distributed for fiscal year 2011 an interim dividend of EUR 0.15 per share. Full Article
Cairo Communication SpA Renews Share Repurchase Program
Cairo Communication SpA announced that it has renewed its share repurchase program for a period of 18 months for the acquisition of own shares up to the total maximum amount allowed by law. As of April 26, 2012 the Company holds a number of 371,326 own shares, corresponding to 0.474% of its share capital. Full Article
Cairo Communication SpA Announces Distribution of Full Dividend for FY 2011
Cairo Communication SpA announced that on the next Shareholders' Meeting it will propose the distribution of a total dividend of EUR 0.30 per share for fiscal year 2011, which includes the interim dividend of EUR 0.15 per share distributed in December 2011. The dividend if approved will have ex-dividend date on May 7, 2012 and payment date on May 10, 2012. The Company distributed a dividend of EUR 0.25 per share for fiscal year 2010. Full Article
Cairo Communication SpA to Distribute Interim Dividend for FY 2011; The Company Announces Dividend Forecast for Fiscal Year 2011
Cairo Communication SpA announced that it will distribute an interim dividend of EUR 0.15 per share for fiscal year 2011. The Company also announced that it expects to distribute for fiscal year 2011 a total dividend of EUR 0.28 per share, corresponding to an increase of 12% compared to the dividend distributed for fiscal year 2010. The interim dividend will have ex-dividend date on December 19, 2011, with detachment of coupon number four and payment date on December 22, 2011. Full Article
UPDATE 2-Telecom Italia Media sells La7 channel for 1 mln euros
* Broadcasting sector faces prospects of regulatory overhaul
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