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TPI Triunfo Participacoes e Investimentos SA (TPIS3.SA)

TPIS3.SA on Sao Paolo Stock Exchange

4.00BRL
29 Aug 2016
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Latest Key Developments (Source: Significant Developments)

TPI Triunfo Participacoes e Investimentos SA approves dividend payment
Monday, 2 May 2016 07:34am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says it has approved to pay dividends totaling 40.0 million Brazilian reais, corresponding to 0.2304 real per share.Says dividends to be paid until Dec. 31.Record date is April 29.Ex-dividend as of May 2.  Full Article

TPI Triunfo Participacoes e Investimentos SA closes share repurchase program and launches a new one
Wednesday, 23 Mar 2016 07:39am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says that its board of directors has approved the closing of the repurchase program announced on March 25, 2015 after the purchase of 2.2 million of its ordinary shares.Says that the board has also approved a new share repurchase program aiming the repurchase up to 4.8 million ordinary shares out of 73.0 million ordinary shares outstanding.Program will have the period of 18 months, starting on March 22.  Full Article

TPI Triunfo Participacoes e Investimentos SA announces interim dividend payment
Thursday, 8 Oct 2015 07:47am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says that by Dec. 31 it will pay an interim dividend totaling 10 million Brazilian reais, corresponding to 0.057 reais per share.Record date on Oct. 7.Ex-dividend as of Oct. 8.  Full Article

TPI Triunfo Participacoes e Investimentos SA signs contract for construction of port terminal in Santos
Wednesday, 30 Sep 2015 07:45am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says it has signed through Vetria Mineracao SA an accession agreement with the Special Ports Department of the Office of the President to build a port terminal.The private use terminal will be built on the ground that Vetria have on the bank of the Port of Santos, for the movement and/or storage of cargo.As announced on March 25, as soon as all conditions precedent are met, the dissociation of Vetria will be completed and the property on which terminal will be built, will be fully transferred to the company.  Full Article

Fitch Ratings reaffirms TPI Triunfo Participacoes e Investimentos SA rating
Wednesday, 2 Sep 2015 08:53am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says that Fitch Ratings has reaffirmed the company's long-term national rating at A+ (bra) and upgraded the company outlook from to stable from negative.  Full Article

TPI Triunfo Participacoes e Investimentos SA announces sale of stakes to China Three Gorges Brasil Energia
Tuesday, 25 Aug 2015 07:43am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says that it has signed a contract with China Three Gorges Brasil Energia Ltda to sell them the company's stake in Rio Verde Energia SA, Rio Canoas Energia SA and TNE - Triunfo Negocios de Energia.The payment will be divided in 3 parts: payment of 970 million Brazilian reais; debt assumption of both short and long term debt from 3 subsidiaries, totalling 770.4 million reais at end of Dec., 2014; and potential payment of 148.5 million reais, depending of the fulfillment of certain requirements.  Full Article

TPI Triunfo Participacoes e Investimentos SA announces 3rd issue of commercial promissory notes
Wednesday, 15 Jul 2015 01:15pm EDT 

TPI Triunfo Participacoes e Investimentos SA:Announced that on July 8 its board of directors approved the third issue of commercial promissory notes to be distributed in a public placement in a unique series totaling 210 million Brazilian reais.There will be 40 notes issued with maturity period is of up to 180 days as of the issue date.  Full Article

Fitch reaffirms ratings for TPI Triunfo Participacoes e Investimentos SA
Tuesday, 23 Jun 2015 08:00am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says that Fitch Ratings has reaffirmed the company's long-term national rating at A+ (bra) and downgraded the company outlook from to negative from stable.  Full Article

TPI Triunfo Participacoes e Investimentos SA announces new fundraising
Wednesday, 10 Jun 2015 07:49am EDT 

TPI Triunfo Participacoes e Investimentos SA:Announces a new fundraising, through Bank Credit Bills (CCB), in the amount of 83 million Brazilian reais.  Full Article

TPI Triunfo Participacoes e Investimentos SA announces details on dividend payment
Monday, 4 May 2015 08:00am EDT 

TPI Triunfo Participacoes e Investimentos SA:Says the dividend payment totaling 30 million Brazilian reais, corresponding to 0.17 reais per share will be done by Dec. 31.Ex-dividend as of May 4.  Full Article