Key Developments: Ultrapar Participacoes SA (UGP)
27.12USD
21 May 2013
$-0.26 (-0.95%)
$27.23
$27.32
$27.36
$26.83
473,432
412,337
$27.48
$19.01
Latest Key Developments (Source: Significant Developments)
Ultrapar Participacoes SA Announces FY 2012 Dividend Payment
Ultrapar Participacoes SA announced that, on February 20, 2013, its Board of Directors approved the payment of dividend for the 2012 fiscal year in the total amount of BRL 354,032,210.40 to be paid out as from March 8, 2013. The sum of this dividend payment and the intermediary dividends in the amount of BRL 273,391,844.40 already paid in August 2012 is the total value of the Company’s dividends in the fiscal year 2012, which is BRL 627,424,054.80. Value per share is BRL 0.66 to the shareholders on the record as of February 27, 2013 in Brazil and March 4, 2013 in the United States. Shares will be traded ex-dividends as from February 28, 2013 on Sao Paulo Stock Exchange as well as on New York Stock Exchange. Full Article
Standard & Poor's Raises Global Rating for Ultrapar Participacoes SA
Ultrapar Participacoes SA announced that Standard & Poor's (S&P) raised its global rating of the Company from BBB- to BBB and reaffirmed its local classification of brAAA. According to S&P, ratings assigned to the Company reflect strengthening of the business risk profile, maintenance of the leadership position in the markets it operates and the resilience of its cash flow. The elevation of the credit classification of the Company emphasizes the ability of business cash management of the Company and its solid financial administration and corporate governance Full Article
Ultrapar Participacoes SA through Subsidiary and Odebrecht TransPort Participacoes Establish ConectCar
Ultrapar Participacoes SA announced that on November 27, 2012 through its fully owned subsidiary Ipiranga it established with Odebrecht TransPort Participacoes a new company ConectCar which will act in the segment of electronic payment of tolls, parking and fuel. The two Companies will equally divide control over ConectCar where each one will hold a 50% stake. ConectCar plans to go into operation in the first quarter of 2013. Full Article
Ultrapar Participacoes SA Acquires American Chemical I.C.S.A. Through Subsidiary
Ultrapar Participacoes SA announced that, through its subsidiary Oxiteno, it acquired on November 5, 2012 the total stake in American Chemical I.C.S.A., an Uruguayan company specializing in chemicals, for the price of USD 74 million. Full Article
Ultrapar Participacoes SA Announces FY 2012 Dividend Payment
Ultrapar Participacoes SA announced that, on August 1, 2012, its Board of Directors approved the payment of dividend for the 2012 fiscal year in the total amount of BRL 273,391,844.40, corresponding to BRL 0.51 per share. The payment will be done as of August 17, 2012, to the shareholders on record as of August 8, 2012 in Brazil and August 13, 2012 in the United States. Shares will be traded ex-dividends as of August 9, 2012. Full Article
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