Adecoagro announces declaration of cash dividends
November 01 2024 - 4:50PM
PR Newswire (US)
LUXEMBOURG, Nov. 1, 2024
/PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO), a leading sustainable
production company in South
America, announced its Board of Directors has approved a
cash dividend distribution of $17.5
million that represents approximately $0.1740 per share considering outstanding shares
as of today, to shareholders of the Company of record at close of
business on November 12, 2024, and
payable on November 27, 2024.
This dividend distribution is the second of a two-tranche cash
dividend payable in two installments. The first installment was
paid on May 29, 2024, in an equal
cash amount, resulting in an annual cash dividend of $35 million.
About Adecoagro:
Adecoagro is a leading sustainable
production company in South
America. Adecoagro owns 210.4 thousand hectares of farmland
and several industrial facilities spread across the most productive
regions of Argentina, Brazil and Uruguay, where it produces over 2.8 million
tons of agricultural products and over 1 million MWh of renewable
electricity.
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SOURCE Adecoagro S.A.
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