Lojas Americanas SA (LAME4.SA)
19 Mar 2018
Latest Key Developments (Source: Significant Developments)
Lojas Americanas SA:Says on March 29 it approved capital increase totaling 346.4 million Brazilian reais with private issue of 235.1 million new shares, including 88.4 million common and 146.7 million preferred shares.Says will propose to attribute to shareholders a bonus of 1 new share per each 5 shares held.Says record date is March 30.Says shares will be traded without right of bonus as of March 31. Full Article
SAO PAULO, March 7 Brazil's Lojas Americanas SA , one of the country's largest retailers, posted a net profit of 284.7 million reais ($87.75 million) in the fourth quarter last year, 11.4 percent more than a year earlier, according to a securities filing.