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They say the top sales are the ones that got in early
they did not bite the dust- they MERGED- the new symbol is NTCO- its now 23.45 and making NEW HIGHS almost daily.
Its been a monster!
Thank you getmoreshares for keeping the shareholders updated throughout this transitional. I wish everyone the best. Now at least Avon Products has a permanent home for now. Another America company bites the dust under Trump.
this ROCKS- few % GAINS EVERY DAY
6.06 equiv. close = 20.22 should trade regularly tomorrow
divi received
19.85= 6.61 equivalent-- up approx a buck from AVP CLOSE
NTCO shares still have not settled
the present date, January 3, 2020, was confirmed as the consummation date of the Merger,
under the terms and conditions of the Protocol and Justification;
• under the Protocol and Justification, the exchange ratio of the Merger of 0.600 common
shares issued by Natura &Co or 0.300 American Depositary Receipts (“ADR”) of Natura
&Co was confirmed (each ADR represents 2 common shares of the Company), at the
discretion of each shareholder, in each case, in replacement for each one (1) common share
issued by Nectarine Merger Sub I, Inc. held by them immediately before the Merger;
will we have .3 or .6 shares-last info was .6 with a divi
19.46 x .6 = 11.67
last day we will be AVP- new symbol Monday
NTCO new symbol Jan 6-Monday we should have the new symbol
Avon, by joining a group that includes Natura, The Body Shop and Aesop, will become part of the world's fourth-biggest pure-play beauty company, reaching more than 200 million consumers worldwide through multiple channels. The group will have annual gross sales above US$10 billion, 6.3 million representatives and consultants, 3,200 stores and a presence in more than 100 countries.
symbol change soon- merger confirmed
On December 19, 2019, Avon Products, Inc. (the “Company”), with prior approval from the Company’s Compensation and Management Development Committee of the Board of Directors, accelerated and paid to Gustavo Arnal, the Company’s Chief Financial Officer, a sign-on cash award of £702,000 that, under Mr. Arnal’s employment agreement, was originally scheduled to be paid in March of 2020.
Avon Declares Special Cash Dividend
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Alert
Avon Products (NYSE:AVP)
Intraday Stock Chart
Today : Tuesday 24 December 2019
Click Here for more Avon Products Charts.
NEW YORK, Dec. 24, 2019 /PRNewswire/ -- The Board of Directors of Avon Products, Inc. (NYSE: AVP) (the "Company") today approved a one-time special cash dividend on the Company's common stock and Series C Preferred Stock (on an as-converted to common stock basis) of $0.01604429 per share (the "Special Dividend") in connection with the previously announced proposed acquisition of the Company by Natura &Co Holding S.A. (B3: NTCO3), a new holding company for Natura Cosméticos S.A. (B3: NATU3). The Special Dividend is payable to shareholders of record as of the close of business on December 30, 2019 and will be paid on January 6, 2020.
Natura &Co posted net revenues of R$ 13.4 billion in 2018.
there is an unknown- just check the VOL the last few days-- there is accumulation of shares!
Is Natura buying up the shares?? Natura is sitting on a bunch of cash-- according to what I can find-- NOT VERIFIED.
Want to add-- it was in a post saying AVP was one of the worst stocks for 2019-- how WRONG can they be-- From low $2- to near $6-- thats DAMN GOOD! 300%
Natura & Co is now trading on the Brazilian exchange as NTCO3. After the acquisition is completed it will trade on the New York exchange as an ADR, NTCO.
The reason it went from .3 shares to .6 shares is because Natura Cosmetics had a large amount of cash on the books that they had to do something with, so they did a special dividend of 1 share for each share of Natura Cosmetics and then to keep the deal the same, increased what Avon shareholders were getting from .3 to .6 shares.
Wow, Natura & Co continues to go crazy, another 52 week high of 39.90 which doing the currency conversion and .6 shares is about $5.84. AVP new high of $5.75. Somebody must know something we don't.
On January 6, 2020, Natura &Co is expected to begin trading on the NYSE through American Depositary Receipts (ADRs), under the NTCO ticker symbol, in addition to continuing trading shares on the B3 stock exchange in São Paulo.
going to be BIG!!!! it will the 4th largest beauty co"
thanks-- will see what happened there-- doing a little additional DD.
Looking for long term divi plays- positions that do not need to be watched daily.
Avon reminds me of EL I bought it when it was $5 1996
at the recent rate of climb- it will not take long to get there.
form 4 sale - oct 1st-- good explanation for the dip!
Wow-- what a great 2019!!! Impressive!
3 to 2 buying of shares over selling of shares today. OBV (On Balance Volume) continues to rise revealing slow and steady accumulation. In my opinion, apv is going higher from this price level. Next leg up should push us above $5.00
snoof77
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