The Company for Cooperative Insurance (Tawuniya) decided on Monday to pay shareholders a 10 percent cash dividend for fiscal year 2015 (SAR 1 per share) at a total of SAR 100 million.
Tawuniya in its general assembly also decided to pay SAR 1.79 million in bonuses to its board members for the same period, it said in a bourse statement.
The board’s annual report, financial statements, and auditor reports for FY15 were approved. The insurer also signed off on related party transactions and discharged board members from liability for the year.
Comments
{{DisplayName}}
{{ElapsedTime}}