Santiago Stock Exchange

Banco Itaú Chile Announces Effectiveness of Voluntary Delisting of ADSs from the New York Stock Exchange and Filing of Form 15F to Deregister with the U.S. Securities and Exchange Commission

Retrieved on: 
Montag, November 20, 2023

The delisting of the ADS from the NYSE will not affect the listing of the common shares of the Company (the “Common Shares”) on the Santiago Stock Exchange (Bolsa de Comercio de Santiago) and the Chilean Electronic Exchange (Bolsa Electrónica de Chile).

Key Points: 
  • The delisting of the ADS from the NYSE will not affect the listing of the common shares of the Company (the “Common Shares”) on the Santiago Stock Exchange (Bolsa de Comercio de Santiago) and the Chilean Electronic Exchange (Bolsa Electrónica de Chile).
  • The Company will also file today a Form 15F with the U.S. Securities and Exchange Commission (the “SEC”) to suspend its reporting obligations under section 13(a) and section 15(d) of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), in respect of its ADSs and Common Shares.
  • Following the filing of the Form 15F with the SEC, all the Company’s reporting obligations under the Exchange Act will be suspended unless the Form 15F is subsequently withdrawn or denied.
  • The Company expects that the deregistration of the ADSs under the Exchange Act will become effective 90 days after the filing of the Form 15F with the SEC.

Banco Itaú Chile announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market informing the completion of the Reverse Stock Split

Retrieved on: 
Samstag, Mai 27, 2023

SANTIAGO, Chile, May 26, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL)

Key Points: 
  • SANTIAGO, Chile, May 26, 2023 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL)
    In relation to the aforementioned amendment, we hereby announced that, as was informed by the Bank through a notice published on May 5 in the electronic newspaper www.latercera.com, on the date hereof the new shares of the Bank were exchange among its shareholders as a result of the Reverse Stock Split, with a total of 216,340,749 new shares being assigned and distributed among the shareholders as a result of the application of the Exchange Ratio approved at the Meeting.
  • Likewise, on this same date, the Stock Exchanges have noted in their records the date of the exchange of the new shares, from which they can be traded in the local stock market.
  • As a result of the foregoing, (i) on this date, the amendments to the Bank’s bylaws agreed at the Meeting regarding the reduction in the number of shares into which the Bank’s capital stock is divided, has taken place, (ii) as of this date the Bank’s capital stock (amounting to $2,692,826,231,184) has been divided into 216,340,749 outstanding shares, fully subscribed and paid, (iii) as of this date the shares of Banco Itaú Chile (ITAUCL) are traded ex exchange, and (iv) of the 10,000 support shares not considered in the calculation of the Exchange Ratio, 3,444 shares were assigned, leaving a remainder of 6,556 support shares after completing the exchange.
  • Pursuant to what was agreed at the Meeting, the aforementioned 6,556 remaining shares will be formally rendered null and void at an Extraordinary Shareholders’ Meeting that the Board of Directors must summon to be held immediately after the next General Shareholders’ Meeting to be held during the first quarter of 2024.

SQM Announces Long-Term Lithium Supply Agreement with Ford Motor Company

Retrieved on: 
Montag, Mai 22, 2023

SANTIAGO, Chile, May 22, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) and Ford Motor Company have announced a long-term strategic agreement to secure the supply of high-quality lithium products for production of electric vehicles.

Key Points: 
  • SANTIAGO, Chile, May 22, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) and Ford Motor Company have announced a long-term strategic agreement to secure the supply of high-quality lithium products for production of electric vehicles.
  • The agreement between Ford and SQM will ensure the supply of battery-grade lithium carbonate and lithium hydroxide, essential components to manufacture high-performance electric vehicle batteries.
  • Carlos Díaz, Executive Vice President Lithium of SQM, said: "We are pleased to announce this strategic agreement and value Ford's trust in SQM's ability to deliver battery-grade lithium products sustainably produced in Chile.
  • Working together helps Ford strengthen our plans to help secure the lithium we need and to de-risk our production plans for millions of EVs over time."

Note to the Market | Banco Itaú Chile | Change in Ticker Symbol | New York Stock Exchange for American Depositary Shares

Retrieved on: 
Freitag, April 21, 2023

SANTIAGO, Chile, April 21, 2023 (GLOBE NEWSWIRE) -- As announced on April 10, 2023, through the press release titled “Amendment to the By-Laws – Change of Name”, we hereby inform that the identification codes of the shares issued by Banco Itaú Chile will be amended:

Key Points: 
  • SANTIAGO, Chile, April 21, 2023 (GLOBE NEWSWIRE) -- As announced on April 10, 2023, through the press release titled “Amendment to the By-Laws – Change of Name”, we hereby inform that the identification codes of the shares issued by Banco Itaú Chile will be amended:
    The identification code that identifies the shares issued by Banco Itaú Chile in Bolsa de Comercio de Santiago, Bolsa de Valores, will be changed to “ITAUCL”, as of April 24, 2023; and
    The ticker symbol for the American Depositary Shares of Banco Itaú Chile traded in the New York Stock Exchange, will be changed from “ITCB” to “ITCL”, as of May 1, 2023.

SQM REPORTS EARNINGS FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2022

Retrieved on: 
Donnerstag, März 2, 2023

SANTIAGO, Chile, March 2, 2023 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) reported today earnings for the twelve months ended December 31, 2022, of US$3,906.3 million (US$13.68 per ADR), an increase from US$585.5 million (US$2.05 per ADR) for the twelve months ended December 31, 2021.

Key Points: 
  • Earnings per share totaled US$13.68 for the first twelve months ended December 31, 2022, significantly higher than the US$2.05 reported for the same period of 2021.
  • Revenues for the twelve months ended December 31, 2022, were US$10,710.6 million.
  • During the twelve months ended December 31, 2022, contributions to the Chilean treasury surpassed US$5.0 billion.
  • Revenues totaled US$10,710.6 million for the twelve months ended December 31, 2022, representing an increase of over 274% compared to US$2,862.3 million reported for the twelve months ended December 31, 2021.

BTG Pactual launches its first investment platform outside Brazil

Retrieved on: 
Montag, November 21, 2022

SO PAULO, Nov. 21, 2022 /PRNewswire/ --BTG Pactual, the largest investment bank in Latin America, is expanding its international operations, and launched its first investment platform outside Brazil - in Chile.

Key Points: 
  • SO PAULO, Nov. 21, 2022 /PRNewswire/ --BTG Pactual, the largest investment bank in Latin America, is expanding its international operations, and launched its first investment platform outside Brazil - in Chile.
  • Most of the new tool's technology was developed internally in BTG Pactual and will also offer informative content with real-time news on quotations, content on the economy, and the financial market.
  • "This is another important step towards advancing our international expansion and taking our digital investment platform to other countries, such as Chile", says Marcelo Flora, a partner at BTG Pactual.
  • Being a BTG Pactual customer to use the service is not required.

BTG Pactual launches its first investment platform outside Brazil

Retrieved on: 
Montag, November 21, 2022

SO PAULO, Nov. 21, 2022 /PRNewswire/ --BTG Pactual, the largest investment bank in Latin America, is expanding its international operations, and launched its first investment platform outside Brazil - in Chile.

Key Points: 
  • SO PAULO, Nov. 21, 2022 /PRNewswire/ --BTG Pactual, the largest investment bank in Latin America, is expanding its international operations, and launched its first investment platform outside Brazil - in Chile.
  • Most of the new tool's technology was developed internally in BTG Pactual and will also offer informative content with real-time news on quotations, content on the economy, and the financial market.
  • "This is another important step towards advancing our international expansion and taking our digital investment platform to other countries, such as Chile", says Marcelo Flora, a partner at BTG Pactual.
  • Being a BTG Pactual customer to use the service is not required.

SQM REPORTS EARNINGS FOR THE THIRD QUARTER OF 2022

Retrieved on: 
Donnerstag, November 17, 2022

Earnings per share totaled US$9.65 for the first nine months of 2022, higher than the US$0.92 reported for the first nine months of 2021.

Key Points: 
  • Earnings per share totaled US$9.65 for the first nine months of 2022, higher than the US$0.92 reported for the first nine months of 2021.
  • SQM will hold a conference call to discuss these results on Thursday, November 17, at 10:00am ET (12:00pm Chile time).
  • The Company also announced earnings for the third quarter of 2022, reporting net income of US$1,099.9 million (US$3.85 per ADR) compared to US$106.1 million (US$0.37 per ADR) for the third quarter of 2021.
  • Gross profit for the third quarter of 2022 reached US$1,632.7 million, higher than the US$224.8 million recorded for the third quarter of 2021.

GE Healthcare Announces Multi-Year Agreement with SQM to Secure Iodine Supply for Contrast Media

Retrieved on: 
Donnerstag, Oktober 13, 2022

The agreement will see SQM increase supply of iodine raw material year-on-year and is part of GE Healthcares broader commitment and investment plan to enable the production of 30 million more patient doses of iodinated contrast media annually by 2025.

Key Points: 
  • The agreement will see SQM increase supply of iodine raw material year-on-year and is part of GE Healthcares broader commitment and investment plan to enable the production of 30 million more patient doses of iodinated contrast media annually by 2025.
  • GE Healthcare is also investing in production capacity to help meet this growing demand, including a new $30 million manufacturing line at its Cork, Ireland, contrast media production facility, which opens this week.
  • Kevin ONeill, President and CEO, GE Healthcare Pharmaceutical Diagnostics, said: We expect global demand for iodinated contrast media to double in the next 10 years.
  • GE Healthcare is the $17.7 billion healthcare business of GE (NYSE: GE).

Air Lease Corporation Announces Lease Placement of Five New Airbus A321-200 XLR Aircraft with LATAM Airlines

Retrieved on: 
Donnerstag, Oktober 13, 2022

Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.

Key Points: 
  • Today Air Lease Corporation (NYSE: AL) announced long-term lease placements for five new long-range Airbus A321-200 XLR aircraft with LATAM Airlines.
  • The aircraft are scheduled to deliver to LATAM starting in fall 2025 through 2026 from ALCs order book with Airbus.
  • We are pleased to announce this lease placement for five new long-range Airbus A321-200 XLRs with our airline customer based in Chile, LATAM Airlines, and be the first to introduce the XLR to the airline, said Steven Udvar-Hzy, Executive Chairman of Air Lease Corporation.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.