Credicorp Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K, dated April 1, 2005, reports a material event regarding the Annual Shareholders' Meeting held on March 31, 2005. The filing covers the approval of the 2004 Annual Report and consolidated financial statements for the year ended December 31, 2004.
Key Financial Metrics
The filing discloses a specific cash dividend payment but does not provide detailed revenue, profit, cash flow, margin, debt, or liquidity figures for the 2004 period within this text.
- Cash Dividend: US$ 75,505,853.60 total.
- Dividend Per Share: US$ 0.80.
- Shares Outstanding: 94,382,317.
- Payment Date: May 2, 2005.
- Record Date: April 19, 2005.
Material Changes and Corporate Actions
Shareholders approved several key corporate governance changes and appointments:
- Bye-Law Amendments: Modified Bye-Law 4.11 to set the Board of Directors at eight members with three-year terms. Confirmed Bye-Law 4.23 requiring a two-thirds majority vote to amend these specific bye-laws.
- Board Election: Elected eight directors to serve until the 2008 Annual General Meeting, including Dionisio Romero Seminario, Luis Nicolini Bernucci, and others.
- Auditor Appointment: Re-designated Medina, Zaldívar, Paredes y Asociados (Ernst & Young member firm) as external auditors for 2005.
Guidance, Outlook, and Risks
The filing contains no specific financial guidance or operational outlook for future periods. It includes a standard forward-looking statements disclaimer, noting that future results depend on economic conditions, industry trends, and operating factors, and may differ materially from current expectations.
Investor Verification Checklist
- Verify the full 2004 Annual Report and audited financial statements referenced in the filing for detailed revenue and profit metrics.
- Confirm the dividend payment status and record date eligibility for shareholders.
- Review the composition of the newly elected Board of Directors and their tenure terms.
- Check for any subsequent filings regarding the implementation of the approved Bye-Law amendments.