We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Telecom Argentina SA | NYSE:TEO | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 7.91 | 0 | 09:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of August 2019
Commission File Number: 001-13464
Telecom Argentina S.A.
(Translation of registrants name into English)
Alicia Moreau de Justo, No. 50, 1107
Buenos Aires, Argentina
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
|
Form 20-F |
x |
Form 40-F |
o |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
|
Yes |
o |
No |
x |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
|
Yes |
o |
No |
x |
Telecom Argentina S.A.
Item
Buenos Aires, August 8, 2019
Bolsa de Comercio de Buenos Aires
Dear Sirs,
RE.: Partial withdrawal of the Voluntary reserve for future cash dividends and dividend distribution
I am writing to you as Chairman of TELECOM ARGENTINA S.A . (Telecom Argentina or the Company) , to inform the following:
As timely informed, the General Ordinary and Extraordinary Shareholders Meeting of Telecom Argentina held on April, 24, 2019 delegated with the Board of Directors of the Company the power to decide, based on the evolution of the business, the total or partial withdrawal, on one or more instances, of up to P$7,045,307,602 from the Voluntary Reserve for Future Cash Dividends and its distribution as cash dividends to the shareholders, being entitled to exercise these delegated powers until December 31, 2019.
In exercise of these delegated powers, the Board of Directors of the Company resolved during its meeting held today to release from the aforementioned Reserve the amount of Pesos Seven thousand forty-five million three hundred seven thousand six hundred two (P$7,045,307,602) and decided the distribution of such amount withdrawn, as cash dividends that will be available to the shareholders on August 16, 2019 .
The four classes of outstanding shares (A, B, C and D) are entitled to receive those dividends. No dividends will be payed nor reserved for shares that remain in the Companys treasury.
The amount to be distributed is equivalent to 327.1275861% of the outstanding capital stock and of the nominal value of its representative shares, and to P$3.271275861 for each outstanding share.
Sincerely,
|
Telecom Argentina S.A. |
|
|
|
/s/ Alejandro A. Urricelqui |
|
Chairman |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|
|
Telecom Argentina S.A. |
|||
|
|
|
|
|
|
|
|
|
|
|
|
Date: |
August 8, 2019 |
By: |
/s/ Gabriel P. Blasi |
||
|
|
|
Name: |
Gabriel P. Blasi |
|
|
|
|
Title: |
Responsible for Market Relations |
1 Year Telecom Argentina Chart |
1 Month Telecom Argentina Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions