Mexico's Vitro to propose 0.30 peso dividend

Date: 10 March 2004
Source: Reuters.com

Date: 10 March 2004

Mexican glass maker Vitro said on Tuesday it will propose the payment of a 0.30 peso per share cash dividend at an upcoming shareholders meeting, lower than the 0.36 peso paid last year.

Vitro, which makes flat glass for the auto and construction industries, bottles and glassware, said in a newspaper insertion the shareholders meeting will be held in the northern city of Monterrey on March 25.

Vitro shares fell slightly on Tuesday, down 0.07 percent to 13.6 pesos in Mexico. In New York, its American Depositary Receipts were off 1.84

600450 Mexico's Vitro to propose 0.30 peso dividend glassonweb.com

See more news about:

Others also read

MORE...

R.O. has designed and produced a powerful Parametric Shape management system
The glass sector has the increasingly widespread requirement of having an unlimited catalogue of parametric shapes and creating new ones in a simple way without being an expert in the field.
Glass Confusion to start Beginning Fusing Classes
Glass Confusion is starting the New Year with Beginning Fused Glass group classes. The three-week course will be held Wednesdays from 10 a.m. to 1 p.m. and again from 5 p.m. to 9 p.m.
Shoaib Akhtar to endorse Asahi Glass
Shoaib Akhtar is going to be back on Indian TV screens. He is going to be featured in the new TV ad campaign for Asahi Glass.
DisplaySearch: Global glass-substrate capacity to grow 40% each quarter
Worldwide glass-substrate capacity is expected to continue to grow more than 40% each quarter through 2005, as a result of capacity expansion by existing glass-substrate suppliers and new companies joining the market, according to DisplaySearch.
Western Pennsylvania glass industry going the way of steel
Western Pennsylvania’s once-thriving glassmaking industry is dwindling, as did the domestic steel industry and for many of the same reasons: competition and cost.
Another glass plant closes doors
Christmas got a little bluer for the local glass industry this week with the closure of yet another plant.

Add new comment