BBD ISSUEING NEW SHARES !! , BUT WISPER DIVIDENT IN Q1 finacial report, there is no mention of isseing new shares , but there is a whisper about divident for prefered shares PLEASE READ ECTRACT FROM FINANCIAL REPORT Q1 2022
please read this rxtract from bbd financial report mars 2022 There is no long-term debt due until December 2024.
In March 2022, the Corporation completed the partial redemption of Notes due 2024 and 2025 for an aggregate amount of $400 million using our cash and cash equivalents, see Note 5 - Financing expense and financing income and Note 4 - Special items for more information.
We believe our available short-term capital resources will give us sufficient liquidity to execute our plan in the short-term.
We currently anticipate that these resources will enable the development
and upgrade of products and investments in PP&E to enhance our competitiveness and support our growth; will enable us to meet currently anticipated financial requirements in the foreseeable future; and
will allow the payment of dividends on preferred
shares, if and when declared by the Board of Directors.(1)
(1)