Key Developments: Ford Otomotiv Sanayi AS (FROTO.IS)
6 Dec 2013
Latest Key Developments (Source: Significant Developments)
Ford Otomotiv Sanayi AS announced that its Board of Directors has recommended the distribution of gross TRY 0.85 per share and net TRY 0.726750 per share, as cash dividends for the fiscal year 2012. Full Article
Ford Otomotiv Sanayi AS announced that the Company’s Board of Directors decided to distribute extra cash dividends of TRY 228,091,500 from its excess reserves for the fiscal year 2011. According to this, each share with TRY 1 nominal value will receive gross TRY 0.650000 and net TRY 0.572693. The proposed distribution date is October 31, 2012. Full Article
Ford Otomotiv Sanayi AS announced that its Board of Directors has recommended the distribution of a total of TRY 350,910,000, equivalent to gross TRY 1.000000 and net TRY 0.950976 per share, as cash dividends for the fiscal year 2011. The proposed distribution date is April 2, 2012. Full Article
ISTANBUL, Oct 31 - Turkish automaker Ford Otosan posted a net profit of 80.6 million lira ($40.4 million) in the third quarter, its results showed, down 45 percent from a year earlier and sharply below a poll forecast of 160.8 million lira.