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Note 8 - Dividends Distribution | 12 Months Ended
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Dec. 31, 2019
Statement Line Items [Line Items] |
Disclosure of dividends [text block] |
| 8 | Dividends distribution
On October 30, 2019, the Company’s Board of Directors approved the payment of an interim dividend of $0.13 per share ( $0.26 per ADS), or approximately $153 million, paid on November 20, 2019, with an ex-dividend date of November 18, 2019. On May 6, 2019, the Company’s Shareholders approved an annual dividend in the amount of $0.41 per share ( $0.82 per ADS). The amount approved included the interim dividend previously paid on November 21, 2018 in the amount of $0.13 per share ( $0.26 per ADS). The balance, amounting to $0.28 per share ( $0.56 per ADS), was paid on May 22, 2019. In the aggregate, the interim dividend paid in November 2018 and the balance paid in May 2019 amounted to approximately $484 million. On May 2, 2018, the Company’s Shareholders approved an annual dividend in the amount of $0.41 per share ( $0.82 per ADS). The amount approved included the interim dividend previously paid on November 22, 2017 in the amount of $0.13 per share ( $0.26 per ADS). The balance, amounting to $0.28 per share ( $0.56 per ADS), was paid on May 23, 2018. In the aggregate, the interim dividend paid in November 2017 and the balance paid in May 2018 amounted to approximately $484 million. On May 3, 2017, the Company’s Shareholders approved an annual dividend in the amount of $0.41 per share ( $0.82 per ADS). The amount approved included the interim dividend previously paid on November 23, 2016 in the amount of $0.13 per share ( $0.26 per ADS). The balance, amounting to $0.28 per share ( $0.56 per ADS), was paid on May 24, 2017. In the aggregate, the interim dividend paid in November 2016 and the balance paid in May 2017 amounted to approximately $484 million.

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