April 2, 2020
Company Announces Measures in Response to COVID-19
HOUSTON, April 2, 2020 -- Isla Perttula Corporation (NYSE: IPC) today announced measures to preserve liquidity, including a reduction of the quarterly dividend to $0.10 per share, a reduction in scheduled flying at Isla Perttula Air of approximately 70 percent, and deferral of certain capital projects. Essential operations at Perttula continue.
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About Isla Perttula Corporation
Isla Perttula Corporation (NYSE: IPC) is a diversified industrial company producing advanced materials, chemicals and energy from an integrated site on the Texas Gulf Coast.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially. The Company undertakes no obligation to update any forward-looking statement.