Summary
Southern Copper Corporation (SCCO) has filed an 8-K report on April 25, 2024, primarily announcing its first-quarter 2024 financial results via a press release issued on April 25, 2024. While the full financial details are expected in a more comprehensive filing, this report highlights a significant capital return to shareholders: a stock dividend authorized on April 18, 2024. Shareholders of record on May 8, 2024, will receive 0.0104 shares of common stock per share owned, with cash payments in lieu of fractional shares.
Key Highlights
- 1Southern Copper Corporation announced its first-quarter 2024 financial results via a press release on April 25, 2024.
- 2The company's Board of Directors authorized a stock dividend on April 18, 2024.
- 3The dividend amounts to 0.0104 shares of common stock per existing share.
- 4Shareholders of record on May 8, 2024, are eligible to receive the dividend.
- 5The stock dividend is payable on May 23, 2024.
- 6Cash will be distributed in lieu of fractional shares, based on a price of $115.13 per share.
- 7This filing is furnished under Item 2.02 and is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.