Banco Santander Chile Sets Dividend and Revamps Board, Governance Rules After April 28 Shareholders’ Meetings
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Banco Santander Chile held its Ordinary Shareholders’ Meeting on April 28, 2026, where a new independent board was elected, with Rodrigo Vergara Montes as chairman. A dividend of CLP 3.353346317 per share from 2025 profits was approved, payable from May 6, 2026. Amendments to the bank’s bylaws were also approved to enhance governance, including gender parity requirements. Analysts rate BSAC stock as a Buy with a $40.00 price target, though Spark's AI Analyst gives it a Neutral score due to mixed fundamentals and risks.
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