The Ordinary and Extraordinary General Assembly of Bawan Company approved 10% cash dividends (SAR 1/share) for H2 2013, as shown in the following table:
|
cash dividends details |
|
|
SAR 500 mn |
Current capital |
|
50 mn shares |
Number of shares |
|
SAR 50 mn |
H2 cash dividends |
|
10% ( SAR 1/share) |
% of capital |
|
April, 20, 2014 |
Record date |
|
May, 04, 2014 |
Payment date |
The GA also authorized company's BOD to distribute quarterly dividends to shareholders according to the company's financial position, cash flows, expansion and investment plans.
The company was listed on December, 24, 2013, and distributed 10% cash dividends for H1 of 2013.
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