Bawan's GA approves 10% cash dividends for H2 2013

20/04/2014 Argaam

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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