Saudi Public Transport Co. (SAPTCO) shareholders have approved a 5 percent cash dividend (SAR 0.50 per share) for fiscal year 2016, totaling SAR 62.5 million, the company said in a statement to Tadawul.

 

Shareholders of record on the general meeting date are entitled to receive the dividend.

 

SAPTCO’s general assembly also approved the board of directors’ report, an audit report, and all financial statements for 2016, the Saudi transport services provider added.

 

Moreover, shareholders endorsed SAR 1.8 billion in board bonuses for 2016, discharged board members from liability associated with their activities last year, and approved the selection of an external auditor for 2017.

 

Cash Dividend Details (2016)

Current capital

SAR 1,250 mln

Number of shares

125 mln

Cash dividend

SAR 62.5 mln

Percent capital

5% (SAR 0.50/share)

Record date

March 27, 2017

Payment day

Within 2 weeks from record date

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request