White Plains, NY-based global agribusiness Bunge Limited has today [Friday] announced that its board of directors declared a regular quarterly cash dividend of US$0.095 cents per share.
The dividend is payable on Friday, 22 February to shareholders of record on Friday, 8 February. Bunge Limited had 83,155,100 common shares outstanding on 31 December last year.
In determining Bunge’s financial eligibility requirements for the listing of its common shares on the New York Stock Exchange (NYSE) on 1 August, 2001, the NYSE relied on certain adjustments to Bunge’s financial data. The listing application, which includes the adjustments to Bunge’ financial data, is available from the NYSE on request.
The company’s board also today approved a primary offering of common shares. The offering is expected to be completed in February 2002. Bunge also expects that certain selling shareholders will participate in the offering.
A registration statement relating to this offering has not yet been filed with the Securities and Exchange Commission.