Logo of Raoom Trading Co.
Raoom Trading Co.'s shareholders approved a 12.5% cash dividend for H2 2021, at SAR 1.25 per share, during the extraordinary general meeting (EGM) held on June 14, according to a bourse statement.
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Dividend Details |
|
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Current capital |
SAR 50 mln |
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No. of shares |
5 mln |
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Dividend |
SAR 6.25 mln |
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Percentage of capital |
12.5% (SAR 1.25 per share) |
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Record date |
June 14 (Shareholders registered with Edaa at the end of trading on the second day following the record date) |
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Payment date |
June 26, 2022 |
During the meeting, shareholders gave the green light for authorizing the board to pay interim dividends on quarterly or semi-annual basis for 2022.
In addition, they approved electing board members for the upcoming three-year term starting June 17, 2022. The elected members are Abdulaziz Al-Hamid, Hamid Al-Hamid, Badr Al-Qadi and Saleh Al-Arefi.
Shareholders also approved forming the audit committee and setting its members’ duties and remuneration for the new term. The committee’s elected members are Saleh Al-Arefi, Badr Al-Qadi and Sultan Al-Shubaily.
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