Credicorp Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K is a report of a material event filed by Credicorp Ltd. on June 6, 2023. The filing pertains to the company's subsidiary, Banco de Credito del Peru, and specifically addresses the calculation of dividends to be paid on June 9, 2023.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to the dividend distribution:
- Dividend per Share (USD): US$6.7749
- Dividend per Share (PEN): S/25.0000
- Exchange Rate Used: S/3.6901 per US Dollar (weighted rate registered by the Peruvian Superintendence of Banking, Insurance and AFP)
Material Changes
This filing does not report material changes in financial performance compared to prior periods. It serves as a notification of the specific exchange rate applied to convert the fixed Peruvian Sol dividend amount into US Dollars for payment.
Guidance, Outlook, and Risks
The filing references prior Board of Directors agreements adopted on April 27, 2023, and May 4, 2023, regarding the dividend distribution and fixing date. No new guidance, outlook, or risk factors are introduced in this specific document. The text includes a standard disclaimer stating the information is not deemed "filed" under Section 18 of the Exchange Act.
Key Facts for Investor Verification
- Verify the dividend payment date of June 9, 2023.
- Confirm the exchange rate of S/3.6901 per US Dollar used for the conversion.
- Validate the total dividend amount of US$6.7749 per share against the fixed S/25.0000 per share.
- Review the prior Material Events from April 27, 2023, and May 4, 2023, for the original dividend declaration details.