Buenaventura Announces the Withdrawal of Year-End 2019 Dividend Payment
Buenaventura Mining Company Inc. (BVN)
Last buenaventura mining company inc. earnings: 2/20 06:47 pm
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Source: Business Wire
LIMA, Peru--(BUSINESS WIRE)--Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced that, due to uncertainties related to suspended mining activities in Peru and with the aim to preserve the Company’s cash position, Buenaventura’s Board of Directors has unanimously voted to withdraw to the Company’s year-end 2019 dividend payment from the Company’s upcoming Annual General Meeting agenda.The declaration and payment of future dividends will be based on Buenaventura’s financial results, cash requirements, business conditions and other factors deemed relevant by the Board.Other items of the agenda proposed by Board of Directors on February 20, 2020 will remain unchanged. Further, new dates for the Company’s Annual General Meeting will be approved by the Board of Directors and announced to the market once the Company has received notice from the Peru
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