International Cons Airlines Group IAG cancels its 2019 proposed final dividend
RNS Number : 6118I
International Cons Airlines Group
02 April 2020
IAG cancels its 2019 proposed final dividend
As a result of the impact of the situation created by COVID-19,
the Board of Directors of International Consolidated Airlines
Group, S.A. (IAG) has resolved to withdraw the proposal to the next
Annual Shareholders' Meeting to pay a final dividend of 0.17 euros
per share and, instead, to propose the allocation of all the profit
for fiscal year 2019 (except the amount already paid as interim
dividend) to the voluntary reserve.
At the same time, the Board has resolved to delay the date of
such Annual Shareholders' Meeting 2020, originally scheduled for
June, until the end of September 2020.
Chief Financial Officer
2 April 2020
This announcement contains inside information and is disclosed
in accordance with the Company's obligations under the Market Abuse
Regulation (EU) No 596/2014.
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(END) Dow Jones Newswires
April 02, 2020 08:22 ET (12:22 GMT)