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Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlight ....
Number one is accessibility information for the public. Number two is teleconference information. There is none tonight. Section b, opening items. Number one, of whom are board minutes of the regular meeting september 10, 2019. Can i have a motion on a second . And a . Any corrections . Roll call. [roll call] speaker cards for the agenda, the regular agenda and closed session if you wish board of education. Members of the public are reminded that the individual can complete the speaker card prior to the item being called. Members of the public have two minutes to address the board and or the time set by the president. According to board rules and procedures. Speaker cards will be accepted for an item are before number two, superintendents report. Doctor matthews . Thank you, president cook. Good evening. Let me try that again, good evening everyone. On september 12, standing in the newly renovated and stunning yard at presidio Meadow S ....
I would like to open this meeting and honorable hooks who said, what we do is more important than what we say, or what we say we believe. Section a, general information. Number one is accessibility information for the public. Number two is teleconference information. There is none tonight. Section b, opening items. Number one, of whom are board minutes of the regular meeting september 10, 2019. Can i have a motion on a second . And a . Any corrections . Roll call. [roll call] speaker cards for the agenda, the regular agenda and closed session if you wish board of education. Members of the public are reminded that the individual can complete the speaker card prior to the item being called. Members of the public have two minutes to address the board and or the time set by the president. According to board rules and procedures. Speaker cards will be accepted for an item are before number two, superintendents report. Doctor matthews . Thank you, president cook. Good evening. Let me try tha ....
I would like to open this meeting and honorable hooks who said, what we do is more important than what we say, or what we say we believe. Section a, general information. Number one is accessibility information for the public. Number two is teleconference information. There is none tonight. Section b, opening items. Number one, of whom are board minutes of the regular meeting september 10, 2019. Can i have a motion on a second . And a . Any corrections . Roll call. [roll call] speaker cards for the agenda, the regular agenda and closed session if you wish board of education. Members of the public are reminded that the individual can complete the speaker card prior to the item being called. Members of the public have two minutes to address the board and or the time set by the president. According to board rules and procedures. Speaker cards will be accepted for an item are before number two, superintendents report. Doctor matthews . Thank you, president cook. Good evening. Let me try tha ....