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BANCOLOMBIA SA 6-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

BANCOLOMBIA SA
,

Filing date:

03/14/2025

TLDR:

Bancolombia S.A. announces the approval of the proposal for distribution of profits and establishment of provision for social benefits, including a dividend payment of COP 3,900 per share.

ELI5:

Bancolombia is giving money back to its shareholders (people who own the company’s stock) in the form of a dividend, and they’re also setting aside money for future growth and social projects.

Accession #:

0001071371-25-000034

Published on

Analyst Summary

  • The General Shareholders’ Meeting of Bancolombia S.A. approved the proposal for distribution of profits and establishment of provision for social benefits.
  • An annual dividend of COP 3,900 per share will be paid on April 1, 2025.
  • A specific reserve of COP 1.86 trillion was established for the strengthening of equity and future growth of the company.
  • A specific reserve of COP 34 billion is available to the Board of Directors for donations to social projects.
  • The ex-dividend period will be between March 26th, 2025 and April 1st, 2025, subject to adjustments by the Colombian Stock Exchange.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️