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Nemak Holds Extraordinary Shareholders’ Meeting
Monterrey, Mexico. November 20, 2015. Nemak, S.A.B. de C.V. (“Nemak”) (BMV: NEMAK), a leading provider of innovative light-weighting solutions for the global automotive industry, held today a general extraordinary shareholders’ meeting, where the payment of a cash dividend of U.S. $0.0062 per share was also approved. In total, the dividend payment amounts to approximately U.S. $19 million and will be paid beginning December 1, 2015.
Nemak is a leading provider of innovative light-weighting solutions for the global automotive industry specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. As of year end 2014, the company employed more than 20,000 people at 35 facilities worldwide and generated revenues of U.S. $4.6 billion. For more information about Nemak, visit: www.nemak.com.