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Sendas Distribuidora Announces R$ 125 Million Interest Payment to Shareholders
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Sendas Distribuidora Announces R$ 125 Million Interest Payment to Shareholders

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The latest announcement is out from Sendas Distribuidora ( (ASAI) ).

Sendas Distribuidora S.A. announced its Board of Directors has approved the payment of interest on equity amounting to R$ 125 million for the period ending December 31, 2024. This payment will be charged against the dividends to be resolved at the Annual General Shareholders’ Meeting in 2025 and will be distributed on February 28, 2025, based on the shareholding position as of January 6, 2025. The announcement solidifies Sendas Distribuidora’s commitment to delivering value to its shareholders and enhancing its financial strategies, potentially impacting its stock value positively.

More about Sendas Distribuidora

Sendas Distribuidora S.A. operates in the retail sector, primarily focusing on the distribution of consumer goods in Brazil. The company is known for its significant market presence and is involved in various financial activities, including managing equities and dividends.

YTD Price Performance: -66.79%

Average Trading Volume: 832,228

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.25B

Learn more about ASAI stock on TipRanks’ Stock Analysis page.

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