Investor Channel is the communication channel between Pirelli and the financial community. Analysts, shareholders and web users can use the channel for direct dialogue with the Group. The blog is moderated by Pirelli Investor Relations.
In accordance with Borsa Italiana SpA, for the purposes of proceeding with the payment of the dividend proposed by the Board in the shortest time possible following approval by Shareholders (AGM on June, 12 2014), Pirelli announces the date of payment set for June 19, 2014, the ex-coupon date is June 16, 2014 and the record date in June 18, 2014.
Dividend proposal to be filed with Pirelli & C. AGM (June 12, 2014):
European financial markets were up in the week from September 16 to 20, 2013 (Milan +2.4%, London +0.2%, Frankfurt +2%, Paris +2.2% $, Madrid +2.6%) thanks to the newsflow from Federal Reserve. The U.S. Central Bank has confirmed the expansionary monetary policy with an extension of its $85 billion-a-month asset purchase programme and interest rates at historic lows between 0% and 0.25%.
August Car Registrations data weighted on Auto&Parts sector weekly performance which resulted slightly above parity (+0.2% Stoxx Auto): data showed a 5% drop compared to last year (-5.2% year to date).
Differently, Tyre stocks were up after Michelin and Goodyear updated their medium to long term targets; Pirelli ended the week at 9.89€, up by 4.3% (+14.3% performance year to date) with an average daily trading volume of about 1.9 million shares.
4 - 6 of 18 for the category: Uncategorized