Tadawul: Al Hammadi shares go ex-dividend today

20/06/2022 Argaam Special
Al Hammadi logo

Al Hammadi logo

Shares of Al Hammadi Company for Development and Investment go ex-dividend today, June 20, if the ordinary general assembly approves the recommended capital increase.

 

Late in March, the company’s board of directors recommended increasing capital by 33.3% to SAR 1.6 billion from SAR 1.2 billion, through a bonus share distribution, according to data available with Argaam.

 

The capital increase aims to enhance capital base, which contributes to strengthening the company's growth plans, future activities and maximizing shareholders’ equity

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