TV Azteca Will Distribute US$25 Million in Cash to Shareholders on May 28, 2008

Posted on: May 22nd, 2008
Filed Under: [ Business ] [ Media ] [ Press Releases ] [ Blogante Business ]
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Knowledge is Power!

“TV Azteca, S.A. de C.V. (BMV: TVAZTCA; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world, announced that on May 28, the company will make a cash distribution to shareholders for the peso equivalent of US$25 million, which represents US$0.009 or Ps.0.09 per CPO, approximately.

As previously announced, the distribution was approved by the TV Azteca Shareholders’ Meeting held on December 7, 2006.”

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