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Banco Santander SA Announces Scrip Dividend Scheme And Share Capital Increase

Wednesday, 10 Apr 2013 12:30pm EDT 

Banco Santander SA announced that in connection with the flexible remuneration program, Santander Dividendo Eleccion (scrip dividend scheme). The number of free allotment rights needed to receive a new share is 34 and the number of shares to be issued is 309,961,268. It was also announced the maximum amount of the increase is EUR 154,980,634. The new shares to be issued in the increase will be ordinary shares with a face value of EUR 0.5 each, of the same class and series as those currently outstanding. The record date for the allotment of rights is April 12, 2013. 

Company Quote

0.08 +0.81%
22 Jul 2014