ENDESA makes announcement.MADRID, Spain--(BUSINESS WIRE)--December 14, 1995--ENDESA (NYSE NYSE See: New York Stock Exchange : ELE ELE equine leukoencephalomalacia. ), a major electric utility company in Spain, announced today that its Board of Directors has approved the payment of a gross interim dividend of Pta84.00 per share (approx. $0.69 per ADR ADR - Astra Digital Radio ) to shareholders and ADR holders of record January 4, 1996. This amount represents an increase of 15.07 over the interim dividend declared last year. In accordance with Spain's applicable legislation, taxes will be withheld on the dividend. Translation from pesetas (Pta) to US dollars will be made at the prevailing exchange rate on the record date. One ADR is equivalent to one common share of ENDESA stock. ADR holders of record January 4, 1996 will be paid January 30, 1996. CONTACT: ENDESA Fernando Lario, North America Investor Relations Investor relations The process by which the corporation communicates with its investors. 212/750-7200 |
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