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Sul America SA (SULA11.SA)

SULA11.SA on Sao Paolo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Sul America SA announces Q3 dividend payment
Friday, 30 Oct 2015 06:32am EDT 

Sul America SA:Says as of Nov. 16 it will pay Q3 interim dividends of 0.012 Brazilian reais per ordinary or preferred share not represented by unit, and of 0.036 reais per unit.Says total dividend value is about 12 million reais.Says record date is Oct. 29, 2015.Says ex-dividend date is Oct. 30, 2015.  Full Article

Sul America SA a part of its household insurance policy business portfolio to Pan Seguros SA
Friday, 10 Jul 2015 08:02am EDT 

Sul America SA:Says that its indirect unit Sul America Companhia Nacional de Seguros ("SALIC") has signed an agreement to sell a part of its household insurance policy business portfolio to Pan Seguros SA.Transaction value is of 60 million Brazilian reais, to be potentially adjusted at closing.  Full Article

Sul America SA sells unit to AXA for 135 mln Brazilian reais
Friday, 22 May 2015 07:43am EDT 

Sul America SA:Says it signed a deal for sale of 100 percent of share capital of its unit Sul America Companhia de Seguros Gerais to with Axa Corporate Solutions Brasil e America Latina Resseguros SA ("AXA").Deal value of 135 million Brazilian reais.The company and AXA signed also the principles of a commercial cooperation agreement to expand already existing collaboration in distribution of products that complement their portfolios, especially in high risk property and casualty insurance.  Full Article

Sul America SA announces Q1-2015 dividend payment
Thursday, 30 Apr 2015 08:12am EDT 

Sul America SA:Says as of May 15 it will pay interim dividends for the first quarter of 2015 fiscal year at the value of 0.012 Brazilian reais per ordinary or preferred share not represented by unit and 0.036 reais per unit.Total dividend value about 12 million reais.Record date April 29.Ex-dividend date April 30.  Full Article

Sul America SA' unit sets partnership with Healthways, Inc.
Thursday, 12 Mar 2015 07:54am EDT 

Sul America SA:Says its indirect subsidiary Sul America Servicos de Saude S.A. ("Sulamed") set partnership with Healthways, Inc.Partnership in purpose of fostering the development of the Brazilian market for health management services and wellness.Joint activities via Healthways Brasil Servicos de Consultoria Ltda. ("Healthways Brazil"), which will be held in the proportion of 49 percent by Sulamed and 51 percent by Healthways' subsidiary Healthways International S.A.RL.Sulamed to appoint two of the five members of board of directors of Healthways Brasil and to vote on the approval of matters of interest to the Healthways Brazil.In the context of this operation, Sulamed and Healthways Brasil extended their services portfolio for a period of ten years.  Full Article

Sul America SA proposes dividend payment
Wednesday, 4 Mar 2015 10:23am EST 

Sul America SA:Says it will propose on March 31 dividend payment of 62,328,705.38 Brazilian reais, corresponding to 0.06 real per ordinary or preferred share, and 0.19 real per unit.The amount to be paid consists of ordinary dividend of 36,187,771.00 and of complementary dividend of 26,140,934.38.Dividend to be paid as of April 17.Record date March 31.Ex-dividend date April 1.  Full Article