B&M Announces Major Move with 'a Number of Benefits' - Liverpool Echo

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) Announces Dividend of $0.40

B&M European Value Retail SA Unsponsored ADR (OTCMKTS:BMRRY) declared a dividend on Thursday, June 19th. Stockholders of record on Monday, June 30th will be given a dividend of 0.3973 per share on Friday, August 15th. This represents a dividend yield of 8.06%. The ex-dividend date of this dividend is Friday, June 27th.

B&M announces major move with 'a number of benefits' - Liverpool Echo

The discount retailer has been domiciled in Luxembourg for over a decade

B&M to move from European tax haven it's been domiciled in for over a decade

The discount retailer, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide "greater flexibility for returning capital to shareholders going forward"

B&M swaps one tax haven for another

B&M has revealed plans to swap Luxembourg, the European tax haven the discount retailer has been domiciled in for over a decade, with Jersey. The London-listed company, which has its operational headquarters in Liverpool, said the move would simplify its corporate and administrative structure and provide “greater flexibility for returning capital to shareholders going forward”. It added that this would be completed through share buybacks as well…