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Ultrapar Adjusts Dividend Per Share Following Share Buyback

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Ultrapar Adjusts Dividend Per Share Following Share Buyback

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Ultrapar Participacoes SA ( (UGP) ) just unveiled an update.

Ultrapar Participações S.A., a company engaged in various sectors including fuel distribution and chemicals, announced a slight adjustment in its dividend payment per share due to a recent buyback of 400,000 shares. The dividend per share has been adjusted to R$ 0.450164260 from R$ 0.45, while the total dividend amount remains unchanged, reflecting the company’s ongoing commitment to shareholder returns despite the buyback activity.

More about Ultrapar Participacoes SA

YTD Price Performance: 4.28%

Average Trading Volume: 1,457,390

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.89B

For detailed information about UGP stock, go to TipRanks’ Stock Analysis page.

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