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Day: March 20, 2020

Accionistas de FEMSA Aprueban Dividendo por Ps. 10,360 Millones

MONTERREY, México, March 20, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” o “la Compañía”) (NYSE: FMX; BMV: FEMSAUBD) celebró el día de hoy su Asamblea General Ordinaria Anual, en la cual los accionistas aprobaron el informe anual 2019 de la Compañía presentado por el Director General, los estados financieros consolidados de la Compañía para el ejercicio fiscal terminado el 31 de diciembre de 2019, y el nombramiento de los miembros del Consejo de Administración y sus Comités para el año 2020.Asimismo, los accionistas aprobaron el pago de dividendo en efectivo por la cantidad total de Ps. 10,360 millones, a razón de Ps. 0.6458 por cada acción Serie “D” y Ps. 0.5167 por cada acción Serie “B”, lo que corresponde a un total de Ps. 3.1000 por cada Unidad “BD” (BMV: FEMSAUBD),...

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FEMSA Shareholders Approve Ps. 10,360 Million Dividend

MONTERREY, Mexico, March 20, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or “the Company”) (NYSE: FMX; BMV: FEMSAUBD) held its Annual Ordinary General Shareholders Meeting today, during which the shareholders approved the Company’s annual report for 2019 prepared by the Chief Executive Officer, the Company’s consolidated financial statements for the year ended December 31, 2019 and the election of members of the Board of Directors and its committees for 2020.In addition, the shareholders approved the payment of a cash dividend in the amount of Ps. 10,360 million, consisting of Ps. 0.6458 per each Series “D” share and Ps. 0.5167 per each Series “B” share, which amounts to Ps. 3.1000 per “BD” Unit (BMV: FEMSAUBD) or Ps. 31.000 per ADS (NYSE: FMX), and Ps. 2.5833 per...

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KIRBY CORPORATION ANNOUNCES CORONAVIRUS UPDATE WEBCAST HOSTED BY STEPHENS

HOUSTON, March 20, 2020 (GLOBE NEWSWIRE) — Kirby Corporation (“Kirby” or the “Company”) (NYSE:KEX) announced today that Kirby management will participate in a webcast hosted by Stephens, Inc. on Monday, March 23, 2020. During the webcast, Kirby will discuss its ongoing coronavirus response and the current conditions of the Company’s businesses. Specifics of the event are as follows:To listen to the live event, please visit the Investor Relations section of Kirby’s website at www.kirbycorp.com. A replay of the webcast will be available for a period of 30 days.Kirby Corporation, based in Houston, Texas, is the nation’s largest domestic tank barge operator transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts, and in Alaska...

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Chicken Soup for the Soul Entertainment Announces Timing of Regular Monthly Dividend for April 2020 for Series A Cumulative Redeemable Perpetual Preferred Stock

COS COB, Conn., March 20, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE, CSSEP), a growing media company building online video on-demand (“VOD”) networks that provide video content for all screens, today announced the timing for the payment of its declared regular monthly dividend of $0.2031 per share of its 9.75% Series A Cumulative Redeemable Perpetual Preferred Stock for April 2020. The dividend will be payable on April 15, 2020 to holders of record as of March 31, 2020. The dividend will be paid in cash.ABOUT CHICKEN SOUP FOR THE SOUL ENTERTAINMENTChicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE) (the “Company”) is a growing media company building and acquiring streaming VOD networks that provide content for all screens. The Company owns a majority stake in Crackle Plus, a joint venture...

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CCL Industries Announces Closing of Polish Acquisition

TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — CCL Industries Inc., (TSX:CCL.A) (TSX:CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today the closing of the acquisition of Flexpol Sp. Z.o.o. (“Flexpol”) this week after regulatory approval was completed. The company now trades as “Innovia Poland” with immediate effect.Commenting on the acquisition, Guenther Birkner, President of Innovia Films (in addition to heading CCL Label’s Food & Beverage and Healthcare & Specialty businesses), commented, “We are excited about the new operation which brings important new capabilities to service the label industry in Europe, matching the product lines available from our North American operation. We will continue to invest...

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8i Enterprises Acquisition Corp. Announces Result of a Special Meeting of Shareholders

NEW YORK, March 20, 2020 (GLOBE NEWSWIRE) — 8i Enterprises Acquisition Corp. (NASDAQ: JFK, “JFK” or “8i”) (the “Company”), a special purpose acquisition company, today announced the result of a special meeting of its shareholders (the “Special Meeting”) which took place today at 10:00 a.m. Eastern Time. At the Special Meeting, the majority of the shareholders voted in favor of a proposal to adjourn the meeting to June 15, 2020. Shareholders will be permitted to redeem their respective ordinary shares up to two (2) business days prior to the date the meeting was adjourned to, or June 11, 2020.About 8i Enterprises Acquisition Corp.8i Enterprises Acquisition Corp. is a British Virgin Islands company incorporated as a blank check company for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization,...

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Christopher Donelan Appointed Chief Executive Officer of Sompo International’s Reinsurance Business

PEMBROKE, Bermuda, March 20, 2020 (GLOBE NEWSWIRE) — Sompo International Holdings Ltd. (“SIH”), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced today that, subject to applicable regulatory approval, Mr. Christopher Donelan, currently the Deputy CEO of Sompo International (SI) Reinsurance will assume the position of Chief Executive Officer of SI Reinsurance. The reinsurance business of SI represents approximately $2.4b of annual gross written premiums with locations in the United States, Bermuda, the United Kingdom, Switzerland and Singapore. Mr. Donelan will report to Mr. Christopher Gallagher, CEO of SI’s Commercial P&C business. Stephen Young, the current CEO of Reinsurance at SI has resigned from the company to pursue other interests.Mr. Gallagher commented, “I am extremely...

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MPX INTERNATIONAL ANNOUNCES CHANGE TO AGM MEETING LOCATION

NOT FOR DISTRIBUTION TO NEWSWIRE SERVICES IN THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS.TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — MPX International Corporation (“MPX International”, “MPXI” or the “Company”) (CSE:MPXI; OTCQX:MPXOF), a multinational diversified cannabis company, announces that its annual general meeting of shareholders of the Company (the “Meeting”), which was originally to be held at the offices of Stikeman Elliott LLP at 11:00 am (Toronto time) will now be held at the Company’s offices at 11:30 a.m. (Toronto time) on March 26, 2020. Due to ongoing concerns regarding the Coronavirus (COVID-19) and to mitigate risks to the health and safety of our communities, other shareholders, employees and...

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Legacy Acquisition Corp. Announces Extension of Deadline to Complete a Business Combination

New York, NY, March 20, 2020 (GLOBE NEWSWIRE) — Legacy Acquisition Corp. (NYSE: “LGC”) (“Legacy”), a publicly-traded Special Purpose Acquisition Company, announced today that it has elected to extend the date by which it has to consummate a business combination from March 21, 2020 to April 20, 2020.As previously reported, at a special meeting held on October 22, 2019, Legacy’s stockholders approved and adopted an amendment (the “Extension Amendment”) to the amended and restated certificate of incorporation of Legacy to extend the date by which Legacy has to consummate a business combination from November 21, 2019, to December 21, 2019, with an option for Legacy to further extend such date up to five times, initially to January 21, 2020 and thereafter by up to four additional 30-day periods ending on May 20, 2020.Legacy now has until...

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ARROW Exploration Corp. Announces Meeting Results

CALGARY, Alberta, March 20, 2020 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce that at the annual general and special meeting held in Calgary, ‎Alberta on March 19, 2020 (the “Meeting”) holders of common shares of Arrow: (i) ‎elected Tim De Freitas, Gustavo Dajer, Ravi Sharma, Juan Carlos ‎Salazar, Brian Hearst, Gage Jull and Anthony Zaidi‎ to the Board of Directors; (ii) re-appointed Deloitte LLP, as Arrow’s ‎auditors; (iii) approved the stock option ‎plan; and (iv) the amendment of the articles to permit meetings in Alberta, and elsewhere. ‎Gage Jull has been appointed as Chairman of the Board of Directors.Mr. Luis Baena did not stand for re-election at the Meeting.  Arrow and its Board wishes to extend its appreciation to Mr. Baena for his guidance and service to...

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