Grupo Cibest announces $1,271 per share dividend following Banitismo sale

Grupo Cibest shareholders are set to receive $1,271 per share following the divestment of Banitismo to Banco La Hipotecaria S.A. The reported $1.2 trillion figure for the extraordinary dividend appears to be a significant reporting error or currency miscalculation, as it is disproportionate to standard corporate payouts.