Saudi Lime Industries goes ex-bonus today

10:13 AM (Mecca time) Argaam Special
Logo ofSaudi Lime Industries Co.

Logo of Saudi Lime Industries Co.

Shares of Saudi Lime Industries Co. will go ex-bonus today, Jul. 14, if the ordinary general meeting is convened.

 

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The company’s board of directors recommended a 5% capital increase from SAR 220 million to SAR 231 million through a 1-for-20 bonus share distribution, by capitalizing SAR 11 million from the retained earnings account.

 

The capital raise aims at maintaining the company's growth, expanding operations, and strengthening its financial position.

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