Vale announces shareholder remuneration
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Vale announces shareholder remuneration
Vale informs that its Board of Directors approved, on this date, the distribution of dividends in the total gross amount of R$ 2.738617408 per share, calculated according to the balance sheet of December 31st, 2023. The amount distributed is line with the Company’s Shareholder Remuneration Policy.
The record date for payment of dividends to holders of shares issued by Vale and traded on B3 will be March 11th, 2024, with payment to occur on March 19th, 2024. The record date for payment of dividends to holders of American Depositary Receipts (ADRs) traded on the New York Stock Exchange ("NYSE") will be March 13th, 2024, with payment starting on March 26th, 2024, through the ADR depositary agent, Citibank N.A.
Vale’s shares will start trading ex-dividends on B3 and NYSE from March 12th, 2024. Dividends to be paid per share may vary slightly until the record dates due to the share buyback program, which impacts the number of shares held in treasury. If applicable, the Company will release a Notice to Shareholders informing the final value per share.
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