Logo of KEIR International Co.
Shareholders of KEIR International Co. will vote on a 7.4% cash dividend, or SAR 0.74 per share, for 2022, during the extraordinary general meeting (EGM) scheduled for June 20.
|
Dividend Details (2022) |
|
|
Current Capital |
SAR 120 mln |
|
Number of Shares |
12 mln |
|
Dividend |
SAR 8.93 mln |
|
Percentage of Capital |
7.4% (SAR 0.74 per share) |
|
Record Date |
June 20, 2023 (Shareholders registered with Edaa by the close of the second trading day after the EGM date) |
|
Payment Date |
To be set later |
They will also vote on reducing the stock’s nominal value from SAR 10 to SAR 1 (10:1 stock split), the company said in a Tadawul statement.
Accordingly, the total number of shares will increase to 120 million from 12 million shares. The company’s capital will remain unchanged.
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Stock Split Details |
|
|
Current Capital |
SAR 120 mln |
|
Number of Shares |
12 mln |
|
Nominal Value |
SAR 10/share |
|
Post-Split Capital |
SAR 120 mln |
|
Post-Split Number of Shares |
120 mln |
|
Post-Split Nominal Value |
SAR 1/share |
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