Tecnoglass Announces Timing of Quarterly Cash Dividend for Second Quarter 2020
June 23 2020 - 4:15PM
Tecnoglass, Inc. (NASDAQ: TGLS) ("Tecnoglass" or the
"Company"),
a leading manufacturer of architectural
glass, windows, and associated aluminum products for the global
commercial and residential construction industries, today announced
that its Board of Directors has declared a quarterly cash dividend
of $0.0275 per share, or $0.11 per share on an annualized basis,
for the second quarter of 2020. The dividend will be paid on July
31, 2020 to shareholders of record as of the close of business on
July 8, 2020.
About Tecnoglass
Tecnoglass Inc. is a leading manufacturer of
architectural glass, windows, and associated aluminum products for
the global commercial and residential construction industries.
Tecnoglass is the #1 architectural glass transformation company in
Latin America and the second largest glass fabricator serving the
United States. Headquartered in Barranquilla, Colombia, the Company
operates out of a 2.7 million square foot vertically-integrated,
state- of-the-art manufacturing complex that provides easy access
to the Americas, the Caribbean, and the Pacific. Tecnoglass
supplies over 1000 customers in North, Central and South America,
with the United States accounting for more than 80% of revenues.
Tecnoglass' tailored, high-end products are found on some of the
world's most distinctive properties, including the El Dorado
Airport (Bogota), 50 United Nations Plaza (New York), Trump Plaza
(Panama), Icon Bay (Miami), and Salesforce Tower (San Francisco).
For more information, please visit www.tecnoglass.com or view
our corporate video at https://vimeo.com/134429998.
Forward Looking Statements
This press release includes certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are
based on Tecnoglass’ current expectations or beliefs and are
subject to uncertainty and changes in circumstances. Actual results
may vary materially from those expressed or implied by the
statements herein due to changes in economic, business, competitive
and/or regulatory factors, and other risks and uncertainties
affecting the operation of Tecnoglass’ business. These risks,
uncertainties and contingencies are indicated from time to time in
Tecnoglass’ filings with the Securities and Exchange Commission.
The information set forth herein should be read in light of such
risks. Tecnoglass is under no obligation to, and expressly
disclaims any obligation to, update or alter its forward-looking
statements, whether as a result of new information, future events
and changes in assumptions or otherwise, except as required by
law.
Investor Relations: Santiago GiraldoChief
Financial Officer 305-503-9062investorrelations@tecnoglass.com
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