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LATAM Airlines Announces Board Changes and Dividend Proposal

LATAM Airlines Announces Board Changes and Dividend Proposal

Latam Airlines Group Sa (LTMAY) has released an update.

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LATAM Airlines Group S.A. has announced the resignation of Mr. Bouk Van Geloven from the Board of Directors, effective April 24, 2024, prompting a need for board renewal at the upcoming Ordinary Shareholders’ Meeting. Extraordinary and Ordinary Shareholders’ Meetings are set for April 25, 2024, to address corporate matters, including the elimination of a transitional article, capital reduction, and election of a new Board of Directors. Additionally, a dividend distribution proposal has been suggested, offering $0.0002887797894 per share, with payment scheduled for May 16, 2024.

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