Samba Financial Group (SAMBA) said it approved on Wednesday a 66.66 percent capital raise from SAR 12 billion to SAR 20 billion through the issuance of two bonus shares for every three shares.
The Saudi-listed group also gave the go-ahead to issue a seven percent cash dividend at SAR 0.70 per share for the second half of 2014.
|
Capital Raise Details |
|
|
SAR 12,000 mln |
Current capital |
|
1,200 mln shares |
Number of shares |
|
66.66% ( 2 shares for every 3 shares) |
Capital raise percentage |
|
SAR 20,000 mln |
New capital |
|
2,000 mln shares |
Number of shares after raise |
|
March 18, 2015 |
Record date |
|
Cash Dividend Details |
|
|
SAR 840 mln |
Cash dividend |
|
7% ( SAR 0.70/share) |
Percent of capital |
|
March 18, 2015 |
Record date |
|
March 31, 2015 |
Payment day |
|
2014 Dividend |
|
|
SAR 1,620 mln |
Total dividend |
|
13.5% ( SAR 1.35/share) |
Percent of capital |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}