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Stock impact report

Tecnoglass Sets Record Date for Previously-Announced 36% Increase to Fourth Quarter 2024 Dividend [Yahoo! Finance]

Tecnoglass Inc. Ordinary Shares (TGLS) 
Last tecnoglass inc. ordinary shares earnings: 3/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.tecnoglass.com
Company Research Source: Yahoo! Finance
Tecnoglass is a leading producer of high-end aluminum and vinyl windows and architectural glass, serving the multi-family, single-family, and commercial end markets, and is the second largest glass fabricator serving the U.S. and the #1 architectural glass transformation company in Latin America. The new dividend rate will be effective for shareholders of record as of the close of business on December 31, 2024, and they will receive the dividend payment of $0.15 on January 31, 2025. According to Santiago Giraldo, Chief Financial Officer of Tecnoglass, the decision to raise the quarterly dividend reflects the Board's continued confidence in the company's strong cash flow generation capabilities and the trajectory of its business. Tecnoglass is focused on prudent balance sheet management and delivering superior shareholder returns while maintaining the financial flexibility to execute on its strategic growth initiatives, and the dividend increase is a reflection of this focus. Show less Read more
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