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Ecopetrol S.A.
EC announces its earnings distribution proposal
for 2012 that was approved by the company's Board of Directors and will be
presented to the General Shareholders Assembly for its consideration on March
21, 2013.
(Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO )
o The plan calls for 70.02% of 2012 net earnings to be distributed as
ordinary dividend, and an additional 9.89% of 2012 net earnings as
extraordinary dividend.
o The ordinary dividend would be COP$255.00 per share and the extraordinary
dividend would be COP$36.00 per share.
o Total dividend per share would be COP$291.00.
The number of dividend payments will be decided by the Shareholders Assembly.
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