Ultrapar Participacoes SA (UGP.N)
30 Mar 2017
Latest Key Developments (Source: Significant Developments)
Ultrapar Participacoes Sa
Ultrapar Participacoes SA:Says on Aug. 5 it has approved dividend distribution in the total amount of 436.8 million Brazilian reais, or 0.80 real per share, to be paid out as of Aug. 21.Shareholders on record as of Aug. 12 in Brazil and as of Aug. 17 in the United States.Shares to be traded ex-dividend as of Aug. 13. Full Article
Ultrapar Participacoes SA:Says it has appointed Andre Pires de Oliveira Dias as new chief financial officer effective July 20.Andre Pires de Oliveira Dias will succeed Andre Covre. Full Article
Ultrapar Participacoes SA:Says that after the fire accident in part of Ultracargo's terminal in Santos, Sao Paulo state, Brasil, operations of such terminal were suspended by determination of the Santos Municipal Government.Ultracargo has a total of 175 tanks at the terminal in Santos.In 2014 Ultracargo's activities in Santos generated net revenue of 114 million Brazilian reais and EBITDA contribution of 69 million reais, equivalent to 2 percent of company's EBITDA. Full Article
SAO PAULO Brasil Pharma SA , the country's third-largest drug retailer, has walked away from talks with Brazilian industrial conglomerate Ultrapar Participações SA to sell drugstore chain Distribuidora Big Ben SA, two sources with knowledge of the matter told Reuters.