US EditionThe Ecb Must Authorize the Extraordinary Dividend that Wants to Distribute Sabadell’s Council
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The shareholders of Banco Sabadell are called on August 6 to hold two extraordinary meetings in which both the sale of the British subsidiary, TSB, and the subsequent distribution of an extraordinary dividend of 0.5 euros per share, for a total of 2.5 billion euros, generated by the release of capital caused by the operation, will be discussed. As this is a decrease in capital, the European Central Bank (ECB) must approve such a distribution. Re…
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