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IMA Industria Macchine Automatiche SpA Issues Revenues and EBITDA Guidance for FY 2013; Proposes Dividend Distribution for FY 2012; Proposes Share Repurchase Program

Thursday, 14 Mar 2013 09:41am EDT 

IMA Industria Macchine Automatiche SpA announced that it expects revenues of approximately EUR 760 million and gross operating profit (EBITDA) of approximately EUR 105 million for fiscal year 2013. At the Extraordinary and Ordinary Shareholders' Meeting called for April 24, 2013 the Board will propose a dividend of EUR 1 per share for the fiscal year 2012 (EUR 1 in 2012). Additionally, at the Shareholders' Meeting called for April 24, 2013, a proposal will be made to renew the authorization to buy and sell treasury shares up to the maximum limit permitted by law. The proposed purchase price is equal to the average stock price during the previous five days (+/-10%), while the proposed selling price will be at least the average purchase cost of the shares. 

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1.28 +3.99%
25 Nov 2014