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‎Jamjoom Pharma shareholders to vote on 15% dividend for H2 2023 on June 4

May 15, 2024
in Business
‎Jamjoom Pharma shareholders to vote on 15% dividend for H2 2023 on June 4
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Jamjoom Pharma shareholders to vote on 15% dividend for H2 2023 on June 4

Logo of Jamjoom Pharmaceuticals Factory Co. (Jamjoom Pharma)

Jamjoom Pharmaceuticals Factory Co. (Jamjoom Pharma) shareholders will vote on the board’s recommendation on paying cash dividends at 15% of capital, or SAR 1.5 per share, for the second half of 2023, during the extraordinary general meeting (EGM), to be held on June 4, according to a Tadawul statement.

Dividend Details (H2 2023)

Current capital

SAR 700 mln

Number of shares

70 mln

Dividend

SAR 105 mln

Percentage of capital

15% (SAR 1.5 per share)

Record date

Shareholders of record and those registered with Edaa by the close of the second trading day following the record date

Payment date

To be set later

2023 Dividends

Total dividend

SAR 175 mln

Percentage of capital

25% (SAR 2.5 per share)

Shareholders will also vote on authorizing the board of directors to distribute interim dividends on a quarterly or semi-annually basis for 2024.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1727686

Tags: business‎JamjoomPharma
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