The board of directors of steel manufacturer Ternium SA has revised its dividend distribution plan for the 2025 fiscal year.
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According to the latest resolution, the board of directors recommends adjusting the dividend per American Depositary Share (ADS) from the previously announced $2.70 to $2.20. This adjustment reflects the board's prudent assessment of the company's current financial condition and future funding needs. The new dividend proposal aims to balance shareholder returns with the capital allocation required for the company's long-term development strategy.
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