Abdullah A. M. Al-Khodari Sons Company’s General Assembly approved in its meeting held on Wednesday a 25 percent capital raise from SAR 425 million to SAR 531 million through the issuance of bonus shares and approved to issue a five percent cash dividend for second half 2011 as shown below.
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Capital Rise Details |
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SAR 425 mln |
Current capital |
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42.50 mln shares |
Number of shares |
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25% ( one share for every four shares) |
Capital raise percentage |
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SAR 531.25 mln |
New capital |
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53.13 mln shares |
Number of Shares after raise |
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May 9, 2012 |
Record date |
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H2 Cash Dividend Details |
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SAR 21.25 mln |
Cash dividend |
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5% ( SAR 0.5/share) |
Percent of capital before raise |
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May 9, 2012 |
Record date |
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Dividend |
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SAR 63.75 mln |
Total dividend |
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15% ( SAR 1.5/share) |
Percent of capital |
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