Shareholders Approve $2.20 Per ADS Dividend and Re-elect Board
summarizeSummary
Ternium shareholders approved the annual dividend of $2.20 per ADS, with a net payment of $1.30 per ADS to be distributed on May 15, 2026, and re-elected the company's board of directors.
check_boxKey Events
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Annual Dividend Approved
Shareholders approved the annual dividend of $2.20 per ADS ($0.22 per share) for the year ended December 31, 2025. This includes an interim dividend of $0.90 per ADS already paid.
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Net Dividend Payment Scheduled
A net dividend of $1.30 per ADS ($0.13 per share) will be paid on May 15, 2026, to shareholders of record as of May 14, 2026.
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Board of Directors Re-elected
All eight existing directors were re-elected to the Board of Directors, maintaining the current board composition. Key executive roles, including Chairman, Vice-Chairman, and CEO, were also re-appointed.
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Auditors Appointed
PricewaterhouseCoopers Assurance, Société coopérative, was appointed as Ternium's independent auditors for the fiscal year ending December 31, 2026.
auto_awesomeAnalysis
Shareholders formally approved the annual dividend of $2.20 per ADS, which includes a net payment of $1.30 per ADS scheduled for May 15, 2026. While the dividend amount was previously revised and announced, this filing marks the final shareholder approval and sets the payment date, confirming a significant capital distribution for the company. Other resolutions, such as the re-election of the board and appointment of auditors, are routine annual general meeting matters.
At the time of this filing, TX was trading at $45.50 on NYSE in the Manufacturing sector, with a market capitalization of approximately $9B. The 52-week trading range was $27.12 to $49.69. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.