Jarir’s GA approves the cash dividends distributed in 2013

04/07/2014 Argaam

The General Assembly of Jarir Marketing Company approved the cash dividends that have been already distributed to its shareholders during the fiscal year of 2013 as shown in the following table:

 

Cash dividends details

SAR 900mn

Current capital

90 mn shares

Number of shares

SAR 522 mn

Cash dividends

58% ( SAR 5.8/share)

*% of capital

*Capital raise from SAR 600mn to SAR 900mn through 50% bonus shares for 2013.

 

The GA also delegated the board of directors to declare and distribute dividends during 2014.

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