Sep 24, 2012. /Lesprom Network/. Ence – Energía y Celulosa – has reduced its capital by 7,740,390 shares, equivalent to 3% of the company’s share capital, following the agreement of the Extraordinary General Shareholders Meeting, as the company said in the press release received by Lesprom Network. In May, Ence distributed one bonus share for every 26 securities held by shareholders and Euro 0.07 per share in cash, to which the one bonus share for every 37 shares in circulation distributed last August needs to be added. Valued at the average quoted price for the year, these issues are equivalent to Euro 0.181 per share, representing growth of 81% over that delivered in 2011 and a dividend yield of 11%. Ence’s shareholder yield rises to 14% once the effect of the current share buy-back is included. Ence expects to sustain its positive performance in shareholder yield in the coming months thanks to the share buy-back programme initiated recently, considering this to be the best investment for shareholders given that the current market and quoted prices offer a good opportunity for creating value and contributing to yield for shareholders. Ence is the leading company in Europe in eucalyptus pulp production and is Spain's leading company in biomass-fuelled renewable energy generation.