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5.3

Central Puerto sells AbraSilver stake for $163M, pays $161M dividend

Argentine energy firm Central Puerto divested its entire AbraSilver stake for US$163 million, booking a profit and approving a US$161.3 million extraordinary dividend. The move signals a strategic exit from mining to focus on energy expansion, though the timing and reinvestment plans remain unclear. The dividend payout is notable for its size relative to the sale proceeds.

Clarín2 days agoARCredibility 35%View source

Score Breakdown

Mosaic Score5.3
Confidence0.9
Significance0.5
Source credibility0.3
Source

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