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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:34 EDTUGIUGI unit to acquire Total LPG distribution business in France
UGI announced that its wholly-owned French subsidiary, UGI Bordeaux, has reached agreement in principle to acquire Totalís liquefied petroleum gas distribution business in France for a price of approximately EUR400M-EUR450M, subject to legally required employee information and consultation procedures and regulatory approvals.
News For UGI From The Last 14 Days
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July 29, 2014
19:06 EDTUGIUGI Corporation backs FY14 adjusted EPS $2.95-$3.05, consensus $2.94
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19:05 EDTUGIUGI Corporation reports Q3 adjusted EPS 15c, consensus 17c
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19:03 EDTUGIUGI Corporation announces three for two stock split, increases annual dividend
UGI Corporationís board has approved a plan to issue three common shares for every two common shares outstanding. The new shares are distributable September 5 to shareholders of record as of August 22. In addition, UGIís board has approved an increase of over 10% in the annual dividend rate on its common stock from $1.18 to approximately $1.30 on a pre-split basis, or from approximately 79c to 87c per share, respectively, after the split. The new quarterly dividend of approximately 32.63c per share on a pre-split basis, or 21.75c per share after the split, is payable October 1 to shareholders of record on September 15.

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