Cement News tagged under: Capital increase
Carthage Cement completes capital increase31 March 2020, Published under Cement NewsTunisia’s Carthage Cement has successfully completed a capital increase for TND206m (US$71.89m) or 77 per cent of the initial operation. The capital increase was carried out through MAC SA, a stock market intermediary, and will serve to rebalance its financial structure and reduce debt. As a result, the company’s capital will rise to TND343.6m. |
Carthage Cement increases capital with TND206m25 March 2020, Published under Cement NewsTunisia’s Carthage Cement has closed its capital increase with a value of TND206m (US$70.9m), about 77 per cent of its initial sum (TND268.5m), according to ilBoursa. The operation has been hailed a success by the news service under the current conditions. The capital increase was carried out with Bourse MAC SA as intermediary and served to rebalance the company’s financial structure and lower its debt. The company’s capital now stands at TND343.6m. |
Cemex not to pursue capital increase23 March 2018, Published under Cement NewsCemex announced it will not pursue its earlier-announced planned capital increase following consultation with its shareholders. “As we discussed on Cemex Day, our management team’s priority is to achieve an investment grade capital structure, as the foundation of our value creation strategy” said CEO, Fernando Gonzalez. “We are highly focussed on our long-term strategic objective of maximising shareholder value. After listening to the feedback from our shareholders, we have decided not t... |
Cementir shareholders approve capital hike24 February 2015, Published under Cement NewsThe shareholders of Cementir Holding SpA announced on Monday that the company's Board of Directors will be able to raise the company's capital by up to EUR300m within five years, according to a statement released yesterday. The Italian cement major said in January it would ask its shareholders to approve an increase of up to EUR300m, including share premium, in one or more tranches. Via the rights issue, Cementir aims to increase its resources and financial flexibility in implementing i... |
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