During 2016, the local share of LATAM Airlines Group showed a positive profitability of 51.6%. Likewise, its ADR (American Depositary Receipts) and BDR (Brazilian Depositary Receipts) also showed a positive profitability of 51.8%. As of December 31, 2016, the Company’s stock market capitalization amounted to US$ 4,475.2 million. Throughout all of 2016, the share of LATAM Airlines Group showed a profitability higher than that of the IPSA (Select Share Price Index); an index that showed a positive profitability of 12.8% during such period. With respect to the trading of the stock at the Santiago Stock Exchange, the LATAM Airlines Group share had a stock market presence of 100%.
VOLUMES TRADED PER QUARTER LOCAL SHARE (Santiago Stock Exchange, SSE)
|2014||N° of shares traded||Average price (CLP)||Total amount (CLP)|
VOLUMES TRADED PER QUARTER ADR (New York Stock Exchange, NYSE)
|2014||N° of shares traded||Average price (USD)||Total amount (USD)|
VOLUMES TRADED PER QUARTER BDR (Sao Paulo Securities, Merchandise & Futures Exchange, BOVESPA)
|2014||N° of shares traded||Average price (BRL)||Total amount (BRL)|
Note: On July 18, 2016, LATAM received the approval of Brazil’s CVM (Securities Commission) for a discontinuation of the Level III Brazil Depositary Receipts (“BDR”) program, supported by the Company’s common shares and, consequently, of the Foreign Issuer’s Register.