Bank Al-Bilad said it approved on Tuesday a 25 percent capital raise from SAR 4,000 million to SAR 5,000 million through the issuance of one bonus share for every four shares.
The bank also approved a five percent cash dividend to be issued at SAR 0.5 per share for 2014 .
|
Capital Raise Details |
|
|
SAR 4,000 mln |
Current capital |
|
400 mln shares |
Number of shares |
|
25% ( one share for every 4 shares) |
Capital raise percentage |
|
SAR 5,000 mln |
New capital |
|
500 mln shares |
Number of Shares after raise |
|
Cash Dividend Details |
|
|
SAR 200 mln |
Cash dividend |
|
5% ( SAR 0.5/share) |
Percent of capital |
|
April 14, 2015 |
Record date |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}