Sao Martinho SA (SMTO3.SA) Key Developments | Reuters.com
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Sao Martinho SA (SMTO3.SA)

SMTO3.SA on Sao Paolo Stock Exchange

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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

Sao Martinho SA announces consortium real state project with Alphaville Urbanismo in Sao Paulo
Monday, 27 Oct 2014 05:06pm EDT 

Sao Martinho SA:Announces development of real estate project in Sao Paulo State through a consortium with Alphaville Urbanismo.Project has a general sales value priced at 277 millions Brazilian reais.Project divided in 3 phases, first from 2016.As part of the partnership, Vale do Mogi Empreendimentos Imobiliarios (subsidary company), will concede 124.09 hectares of land, while Alphaville will be responsible for the elaboration and approval of the project, execution, coordination, marketing and commercialization.  Full Article

Sao Martinho SA reaches 92.14 pct stake in Santa Cruz SA Acucar e Alcool and sells entire stake in Agro Pecuaria Boa Vista SA
Friday, 8 Aug 2014 04:51pm EDT 

Sao Martinho SA:Says on Aug. 8, following approval from CADE on July 23, it concluded transaction with Luiz Ometto Participacoes SA (LOP) and other controlling shareholders of Santa Cruz SA Acucar e Alcool (SC).The company acquired additional stake in SC from LOP and other shareholders reaching a 92.14 percent stake, from a 36.09 pct stake, in the share capital of SC for the price of 315.8 million Brazilian reais.It also sold its entire stake in Agro Pecuaria Boa Vista SA (APBV) to LOP for 195.9 million reais and signed lease contract for sugar cane between SC and APBV for the period of 20 years.  Full Article

Sao Martinho SA appoints chief financial officer
Friday, 1 Aug 2014 08:23am EDT 

Sao Martinho SA:Appoints on July 31 Felipe Vicchiato Chief Financial Officer.  Full Article

Sao Martinho SA announces dividend payment
Friday, 1 Aug 2014 07:35am EDT 

Sao Martinho SA:Announces dividend payment totaling 40,405,000 Brazilian reais, or 0.359544368 reais per share.Record date July 31.Payment date Aug. 15.Ex-dividend date Aug. 1.  Full Article

BRIEF-Sao Martinho to propose dividend payment and share capital increase

* 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