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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Banco Bradesco SA | NYSE:BBDO | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.01 | -0.41% | 2.42 | 200 | 13:00:00 |
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
Publicly-held Company
Corporate Taxpayer ID (CNPJ): 60.746.948/0001-12 |
Material Fact
Payment of Extraordinary Dividends
The Board of Executive Officers of Banco Bradesco S.A. (Bradesco) decided today to submit to the Board of Directors, which will resolve at the meeting to be held on October 17, 2019, proposal for the payment of extraordinary dividends, on the profit reserves account existing, totaling R$8,000,000,000.00, being R$0.948654134 per common shares and R$1.043519547 per preferred share.
If the proposal is approved:
a) |
the shareholders benefited will be those of record at the Company on October 17, 2019 (declaration date), with the shares being traded "ex-right" on extraordinary dividends, as of October 18, 2019; |
b) |
the payment will be made on October 23, 2019 based on the declared value, without income tax withholding, according to Article 10 of Law No. 9,249/95, and it will not be computed on the calculation of the mandatory dividends of the fiscal year provided at the Bylaws; |
c) |
the extraordinary dividends will be paid additionally to the monthly, interim and complementary interest on Shareholders’ Equity, to be declared in the end of the fiscal year; and |
d) |
the amount to be paid corresponds to, approximately, 65 times the amount of the interest on Shareholders’ Equity paid monthly. |
Cidade de Deus, Osasco, SP, October 7, 2019
Banco Bradesco S.A.
Leandro de Miranda Araujo
Executive Deputy Officer and
Investor Relations Officer
Should you have any questions or require further information, please contact: investidores@bradesco.com.br |
BANCO BRADESCO S.A.
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By:
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/S/Leandro de Miranda Araujo
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Leandro de Miranda Araujo
Executive Deputy Officer and Investor Relations Officer. |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
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