Methanex ups dividend 25%; plans to buy back up to 5% per cent of its shares
VANCOUVER – Methanex Corp. (TSX:MX) says it is increasing its quarterly dividend by 25 per cent and also plans to buy back for cancellation up to five per cent of its 96.5 million shares. Vancouver-based Methanex, the world’s largest producer and supplier of methanol to major international markets, says the increased dividend of 25 cents US per share, up from 20 cents, will be paid June 30 to shareholders of record on June 16.
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