MercadoLibre Inc. Announces New Dividend Policy to Maximize Future Growth Opportunities
(WorldNews Argentina)

BUENOS AIRES, Argentina, March 17, 2017 (GLOBE NEWSWIRE) -- MercadoLibre Inc. (the `Company`, or `we`) today announced that its Board of Directors approved on March 2, 2017 a change to its dividend policy for, providing for a fixed quarterly dividend payment in 2017 of $0.15 per share ($0.60 per share annually), subject to declaration by the Board. The Company believes a fixed dividend policy will allow it to return value to investors by allocating additional capital to key initiatives intended to generate important incremental scale efficiencies for the long-term in businesses driving current growth, including...