Compañía Cervecerías Unidas S A : CCU ANNOUNCES 2022 FINAL DIVIDEND PROPOSAL - Form 6-K
March 09, 2023 at 06:13 am EST
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CCU ANNOUNCES 2022 FINAL DIVIDEND PROPOSAL
(Santiago, Chile, March 8th, 2023) - The Board of Directors in its meeting held today approved to propose to the next Ordinary Shareholders' Meeting the distribution, with charge against 2022's Net Income attributable to equity holders of the parent company, of a final dividend, which amounts to CLP 24.80181 per share (CLP 49.60362 per ADR), totaling CLP 9,164,340,025. The dividend is proposed to be paid beginning April 27th 2023, to all shareholders of record at midnight of April 21st 2023.
CCU is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. CCU is one of the largest players in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, nectar, wine and pisco, among others. CCU is the second-largest brewer in Argentina and also participates in the cider, spirits and wine industries. In Uruguay and Paraguay, the Company is present in the beer, mineral and bottled water, soft drinks and nectar categories. In Bolivia, CCU participates in the beer, water, soft drinks and malt beverage categories. In Colombia, the Company participates in the beer and in the malt industry. The Company's principal licensing, distribution and / or joint venture agreements include Heineken Brouwerijen B.V., PepsiCo Inc., Seven-up International, Schweppes Holdings Limited, Société des Produits Nestlé S.A., Pernod Ricard Chile S.A., Promarca S.A. (Watt's), Red Bull Panamá S.A., Stokely Van Camp Inc., and Coors Brewing Company.
CCU - Compañía Cervecerías Unidas SA published this content on 09 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2023 11:12:06 UTC.
Compania Cervecerias Unidas S.A. is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company's segments include Chile, International Business and Wine. The Company carries a portfolio of products, which includes a range of brands of alcoholic and non-alcoholic beer, with Cristal as its primary brand in Chile. In addition, it produces and distributes Heineken beer; distributes Sol beer and Budweiser beer, and distributes and produces Kunstmann and Austral beer in Chile. The International Business segment includes operations in Argentina, Paraguay and Uruguay. The Company, through Vina San Pedro Tarapaca S.A. (VSPT), produces and markets a range of wine products for the domestic and mainly the export market.