Key Developments For Cresud Sociedad Anonima
Cresud Sociedad Anonima (CRESY.O) (Nasdaq)
Cresud S.A.C.I.F. y A. Announces Interim Dividend For FY 2009
Cresud S.A.C.I.F. y A. announced that it has decided to distribute interim dividend for financial year 2009 worth ARS 60,000,000 equivalent to ARS 0.12083643488 per share and ARS 1.2083643488 per ADR share. This will be payable to all shareholders on record till December 1, 2009 and will be distributed on December 2, 2009. The Company paid an interim dividend of ARS 0.39877 per share for fiscal year 2008.
Cresud SACIF y A Announces Process Of Pro Rata Allocation Of Shares Among Its Shareholders
Cresud SACIF y A announced that it has approved the process of pro rata allocation of 25,000,000 of the Company's shares among the shareholders, which were issued and acquired by the Company in the context of national and international market turbulences during the fiscal years 2008 and 2009.
Cresud SACIF y A Announces Project of Merger And Split With Its Subsidiary Inversiones Ganaderas SA
Cresud SACIF y A announced the Project of Merger and Split with its 100%-owned subsidiary Inversiones Ganaderas SA. Under terms of the project, 51.08% of the share capital of Inversiones Ganaderas SA will be held by IGSA Residual, and the remaining 48.92% of the share capital of Inversiones Ganaderas SA will be transferred to the Company.
Cresud S.A.C.I.F. y A. Acquires 3.296% Stake in Brasilagro Compania Brasileira de Propiedades Agricolas
Cresud S.A.C.I.F. y A. announced that it has acquired 3.296% stake in Brasilagro Compania Brasileira de Propiedades Agricolas. The Company has acquired 1,925,600 shares for an amount of BRL 21,372,678 equivalent to BRL 11.10 per share. After this acquisition, the Company holds 22.44% stake in Brasilagro Compania Brasileira de Propiedades Agricolas.
Cresud S.A.C.I.F. y A. Reaches Pre-Merger Agreement With Inversiones Ganaderas SA
Cresud S.A.C.I.F. y A. announced that it has reached a pre-merger agreement with its subsidiary Inversiones Ganaderas SA. Other details were not disclosed.
