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Popular, Inc. (BPOP)
After hours:
- Business Wire
Popular, Inc. Declares a Cash Dividend of $0.55 Per Common Share
SAN JUAN, Puerto Rico, May 12, 2022--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.55 per share on its outstanding common stock. The dividend will be payable on July 1, 2022 to shareholders of record at the close of business on June 2, 2022.
- Business Wire
Popular Bank Appoints Bertha Rozier to Lead Retail and Transformation
NEW YORK, May 05, 2022--Popular Bank appoints Bertha Rozier as SVP of Retail Banking and US Transformation. Formerly with HSBC, she will grow Popular's retail business.
- Reuters
EU court rules against compensating Banco Popular investors
MADRID (Reuters) -Europe's top court said on Thursday that Banco Popular shareholders who took part in its capital increase in 2016 are not entitled to compensation for losses suffered after the Spanish bank was wound down and rescued. European authorities orchestrated an overnight rescue of Popular in June 2017, with shareholders and some bondholders taking losses as it was sold for a nominal one euro to larger Spanish rival Santander. The European court's ruling comes after a Spanish regional court sought clarification on whether shareholders who had subscribed to Popular's 2.5 billion euros ($2.64 billion) capital increase had the right to be compensated, based on defective information contained in its prospectus.
