Logo of Saudi Arabian Mining Co. (Maaden)
Shares of the Saudi Arabian Mining Co. (Maaden) have their ex-bonus today, May 30, upon the general assembly’s approval of capital hike.
The company’s board recommended a 100% capital hike to SAR 24.61 billion from SAR 12.31 billion by distributing one-for-one bonus shares in order to boost capital base and finance future growth plans.
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