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Insur Reviews its Investment Strategy and Reduces its Complementary Dividend

Despite recording good results until September, the listed company is going to review its plans for the purchase of residential land and reschedule the capex for its portfolio.

RicardoPumar
Ricardo Pumar chairs Insur’s Board of Directors.

Despite recording good results until September in terms of turnover and profits, the listed company is going to review its plans for the purchase of residential land and reschedule the capex for its portfolio, in its efforts to be as prudent as possible.

In this context, on Thursday, the General Shareholders’ Meeting of Grupo Insur approved a 25% reduction in the complementary dividend that had initially been planned, a “reduction that has been set by the strict criteria of prudence despite the company’s good results,” explained Ricardo Pumar, the chairman of the Board of Directors to shareholders.

Read the full article in Spanish.

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