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Ansaldo Sts: from the shareholders' meeting ok to dividend and buyback

The dividend will be equal to 0,16 euro per share and will be paid from 22 May 2014, with coupon detachment on 19 May – Buyback plan up to a maximum of 20% of the capital – In 2013 net profit equal to 74,8 75,7 million euros, against 2012 million in XNUMX – Sergio De Luca confirmed as chairman of the board.

Ansaldo Sts: from the shareholders' meeting ok to dividend and buyback

Green light from the assembly of Ansaldo Sts to the distribution of a dividend equal to 0,16 euro per share, which will be paid from 22 May 2014, with coupon detachment on 19 May 2014. Also approved a plan for buy back up to a maximum of 20% of the capital.

The ordinary shareholders' meeting also appointed the new Board of Directors, who will remain in office until the shareholders' meeting which will be called to approve the 2016 financial statements. Sergio DeLuca was confirmed chairman of the board.

As for the budget 2013 subscribed by the shareholders, closed with a Useful net equal to 74,8 million euro, against 75,7 million in 2012. The portfolio orders amounted to 5.601,0 million euro, compared to 5.683,3 million in the same period of the previous year (-1,4%), while the revenues they amounted to 1.256,4 million euro, a slight increase compared to the value of the previous year, equal to 1.247,8 million (+0,7%). 

Meanwhile, the Ansaldo Sts share on the Stock Exchange dropped 3,6% one hour after the closing, in the wake of the appointment of Mauro Moretti (formerly Ferrovie) to the position of managing director of the parent company Finmeccanica, which according to various operators could slow down the process of divesting Ansaldo Breda and Ansaldo Sts itself.  

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