XML 51 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2016
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 21—SUBSEQUENT EVENTS

DIVIDENDS:

        On January 26, 2017, the Board of Directors authorized a dividend of $0.08 per share payable on February 28, 2017, to shareholders of record at the close of business on February 14, 2017.

ENVIRONMENTAL MATTERS—MEXICAN OPERATIONS:

        On January 26, 2017, PROFEPA issued its final resolution related to the accidental spill that occurred in the Sonora River in 2014 under which it declared all mitigation actions as complete and its investigation procedure is definitely closed. On February 7, 2017, the Company proceeded to close the trust created with the purpose of complying with all remediation activities.