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Sendas Distribuidora Approves R$ 125 Million Interest Payment to Shareholders

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Sendas Distribuidora Approves R$ 125 Million Interest Payment to Shareholders

An update from Sendas Distribuidora ( (ASAI) ) is now available.

Sendas Distribuidora’s Board of Directors approved the distribution and payment of interest on equity totaling R$ 125 million for the period ending December 31, 2024. This initiative reflects the company’s commitment to shareholder returns, with payments scheduled for February 28, 2025. The move is expected to enhance stakeholder confidence by showcasing financial stability and adherence to its dividend policy.

More about Sendas Distribuidora

Sendas Distribuidora S.A., based in Rio de Janeiro, Brazil, operates in the retail industry. It is a publicly-held company known for its distribution and retail services, particularly focusing on consumer goods throughout Brazil.

YTD Price Performance: -66.79%

Average Trading Volume: 832,228

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.25B

For an in-depth examination of ASAI stock, go to TipRanks’ Stock Analysis page.

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