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Corporate Action Announcement Citibank, N.A., acting as sponsored depository bank, announces the following:Date:April 19, 2016Announcement For:Emerged (spinoff)Company Name:Empress Nacional de Electricidad
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To fill out a corporate action announcement, follow these steps:
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Start by entering the name of the company issuing the announcement.
03
Specify the type of corporate action, such as a dividend payment, stock split, or merger.
04
Provide the effective date of the corporate action, which is when it will take effect.
05
Include any necessary details or instructions related to the corporate action.
06
If required, attach relevant supporting documents or references to the announcement.
07
Review the filled-out announcement to ensure accuracy and completeness.
08
Finally, submit the completed corporate action announcement to the relevant parties or regulatory authorities as required.

Who needs corporate action announcement?

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Corporate action announcements are needed by various stakeholders including:
02
- Shareholders of the company to stay informed about changes affecting their holdings.
03
- Investors and financial analysts who track and evaluate the company's performance.
04
- Regulators and compliance agencies to ensure transparency and adherence to regulations.
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- Financial institutions and brokers who facilitate trading and settlement of securities.
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- Legal and accounting professionals who may provide advisory services related to the corporate action.
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Corporate action announcement is a public statement made by a publicly traded company regarding changes or events that may have an impact on its stakeholders, such as shareholders or investors.
Publicly traded companies are required to file corporate action announcements, as they have a duty to keep their stakeholders informed about any important changes or events.
Corporate action announcements can be filled out by following the guidelines provided by the relevant regulatory authorities, ensuring all necessary information is included and accurate.
The purpose of corporate action announcement is to provide transparency and communicate important information to the stakeholders of a publicly traded company.
Information such as the nature of the corporate action, the impact on stakeholders, relevant dates, and any necessary instructions must be reported on a corporate action announcement.
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