Cresud Sociedad An=nima, Comercial, Inmobiliaria, Financiera Y Agropecuaria Approves Dividend
October 28, 2022 at 05:12 pm EDT
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Cresud Sociedad An=nima Comercial, Inmobiliaria, Financiera y Agropecuaria reported that the ShareholdersÆ Meeting held on October 28, 2022 approved by majority the distribution of a dividend to the Shareholders up to the sum of ARS 3,100,000,000 payable in cash and/or in kind, in the latter case valued at market price, delegating to the Company's Board of Directors the capacity to determine the form of payment in cash or in kind, or a combination of both options.
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.
CRESUD SOCIEDAD ANÓNIMA, COMERCIAL, INMOBILIARIA, FINANCIERA Y AGROPECUARIA 
