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Sao Martinho SA (SMTO3.SA)

SMTO3.SA on Sao Paolo Stock Exchange

17.52BRL
11:43am EDT
Change (% chg)

R$ 0.02 (+0.11%)
Prev Close
R$ 17.50
Open
R$ 17.44
Day's High
R$ 17.79
Day's Low
R$ 17.44
Volume
102,200
Avg. Vol
648,513
52-wk High
R$ 21.63
52-wk Low
R$ 13.78

Latest Key Developments (Source: Significant Developments)

Sao Martinho to propose dividend payment and share capital increase
Wednesday, 29 Jun 2016 10:52am EDT 

Sao Martinho SA : Announced on Tuesday that it would propose to pay dividends totalling 55.4 million Brazilian reais ($17.0 million), corresponding to 0.4914 real per share . Dividend payment on August 15 . Dividend record date is July 29 . Ex-dividend as of August 1 .To propose share capital increase of 133.6 million reais to 1.06 billion reais from 931.3 million reais, without new shares issue, through capitalization of investment reserve.  Full Article

Sao Martinho SA updates on dividend payment per share value
Monday, 3 Aug 2015 08:12am EDT 

Sao Martinho SA:Says on Aug. 14 it will pay dividend totaling 67.9 million Brazilian reais, or 0.601 reais per share.Record date on July 31.Ex-dividend as of Aug. 3.  Full Article

Sao Martinho SA to propose dividend payment
Monday, 13 Jul 2015 03:26pm EDT 

Sao Martinho SA:Says on July 31 it will deliberate on the proposal of dividend payment totaling 67.9 million Brazilian reais, or 0.602 reais per share.Payment date Aug. 14.Record date on July 31.Ex-dividend as of Aug. 1.  Full Article

Sao Martinho SA cancels construction of a plant in joint venture with Amyris Inc
Wednesday, 1 Jul 2015 08:54am EDT 

Sao Martinho SA:Says it has canceled plans for construction of a plant in joint venture with Amyris Inc and Amyris Brasil Ltda.Says that certain conditions for the project had not been met.In case there will be no new agreement, the contracts between the companies will be automatically terminated on Aug. 31.  Full Article

Sao Martinho SA announces the guidance of production to 2015/2016 harvest
Tuesday, 23 Jun 2015 07:41am EDT 

Sao Martinho SA:Announces to the market the guidance of production to 2015/2016 harvest.Crushing at 19.5 million tons; Sugar 1.295 million tons; Anhydrous 423,000 tons; Hydrous 304,000 tons; Cogenetarion 733,000 tons.Total TRS Produced 2,609.  Full Article

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Petrobras to sell ethanol unit stake to Sao Martinho for $133 million in shares

SAO PAULO Brazil's oil company Petróleo Brasileiro SA has agreed to sell its 49 percent stake in the sugar and ethanol joint venture Nova Fronteira Bioenergia SA to partner São Martinho SA , both companies said in securities filings on Thursday.