Paper Home goes ex-bonus today

10:40 AM (Mecca time) Argaam Special
Logo ofPaper Home Co.

Logo of Paper Home Co.

Shares of Paper Home Co. will go ex-bonus today, July 22, if the ordinary general meeting is convened.

 

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The company’s board of directors recommended a capital increase from SAR 20 million to SAR 60 million by capitalizing SAR 40 million from the retained earnings account, with two bonus shares to be granted for every share held.

 

The capital hike aims to align with Paper Home’s business size and assets, in addition to supporting its future growth and expansion.

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