The Ordinary and Extraordinary General Assembly of Yanbu Cement Company approved 50% cash dividends (SAR 5/share) for 2012, and 50% bonus shares (1 for every 2 shares) in its meeting held on Sunday March, 24, 2013, as shown in the following table:
|
Bonus shares |
|
|
SAR 1050 mn |
Current capital |
|
105.0mn shares |
Number of shares |
|
50% ( 1 for every 2 shares) |
Capital raise (%) |
|
SAR 1575 mn |
New capital |
|
157.5mn shares |
# of Shares after raise |
|
Cash dividends details |
|
|
SAR 525 mn |
Cash dividends |
|
50% ( SAR 5/share) |
% of capital |
|
March, 24, 2013 |
Record date |
|
April, 06, 2013 |
Payment date |
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