In the wake of yesterday's Annual General Meeting, the Board of Directors of Iberpapel has approved the payment of a dividend in the amount of €0.65 per share (before withholding tax). Of this total, €0.30 per share has already been paid out to the Company's shareholders in the form of an interim dividend, leaving payment of a final dividend of €0.35 per share pending; this dividend will be paid from 4 May 2016.
The Board of Directors has further resolved to reduce Iberpapel's share capital by €318,694.20 by means of the cancellation of 531,157 own shares held as treasury stock. The capital increase will be carried out within six months.
Iberpapel Gestion SA issued this content on 21 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 April 2016 13:12:17 UTC
Original Document: http://www.iberpapel.es/en/news/292-iberpapel-pays-0-65-per-share-dividend
Iberpapel Gestion SA is a Spain-based holding company engaged in the paper industry. The Company operates through three divisions: Forestry, involved in the acquisition and cultivation of eucalyptus plantations in Argentina, Uruguay and Spain; Industrial, focused on the production of bleached pulp and paper products, and Commercial, specialized on the distribution of products such as printing and photocopy paper, offset paper, light-coated paper, laser printing paper, paper bags and envelopes. The Companyâs subsidiaries include Distribuidora Papelera SA, Moliner Dominguez y Cia SA, Ibereucaliptos SA, Papelera Guipuzcoana de Zicunaga SA, Central de Suministros de Artes Graficas Papel SA and Copaimex SA, among others. The Companyâs major shareholders include ONCHENA, SL and BESTINVER GESTION, SA.
IBERPAPEL GESTIÓN, S.A. 
