InRetail is listed on the LSE. The National Securities Superintendency regulates all listed entities. You can find information regarding all listed companies at www.smv.gob.pe
The Company´s fiscal year begins on January 1 and ends on December 31. By quarter:
First Quarter Jan. 1- Mar. 31
Second Quarter Apr. 1- Jun. 30
Third Quarter Jul. 1- Sep. 30
Fourth Quarter Oct. 1- Dec 31
InRetail’s common stock is traded in the Lima Stock Exchange (LSE) under the ticker symbol INRETC1.
InRetail common stock can be bought or sold in the LSE through a local stockbroker or any other bank or financial institution that offers brokerage services in Peru.
This is done by Cavali, its web page is www.cavali.com.pe
If you trade InRetail in the local market, you have to deliver shares locally in order for the broker to settle its trades with the LSE, no matter which name you are trading. As shares in Peru are nominative, a Cavali number must be assigned to book the trade at the Lima Stock Exchange. If you cross stock at the LSE, you cannot assign the same Cavali number for the buyer and seller as the system does not accept the same number for one print. That is a regular procedure at the LSE.
InRetail’s IPO was on October 3, 2012 at $20.00 per share. InRetail began trading on the LSE on October 4, 2012 under the ticker symbol INRETC1.
The return obtained by investing in stocks or equities involves the periodic payment of dividends to shareholders and the valuations of the shares in the stock market.
The share valuation depends on the market expectations about the company's performance over a period of time or movements and fluctuations of supply and demand for the stock which can increase or decrease its value in a certain period of time.
“The company will annually distribute cash dividends for an amount no less than 10% of the Net Income of the period, after considering all tax deductions, reserves or legal deductions. The dividends will be determined considering the Company’s liquidity requirements and financial situation. When the liquidity factors, levels of indebtedness and projected investments justify it, the Shareholders Meeting may agree on a different distribution percentage, distribute dividends on account or not distribute any dividends at all.”
Earnings reports are released approximately five weeks following the closing of the fiscal quarter.
InRetail Perú Corp. is a holding company incorporated in January 2011 in the Republic of Panama. It is a subsidiary of Intercorp Retail Inc, which owns 58.04 percent of its capital stock as of December 31, 2016.
Yes, BTG Pactual is InRetail’s market maker since October 2016.