Acico will distribute 5% bonus shares (Photo Credit: Arabianeye-Reuters)
ACICO
ACICO
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ACICO
Kuwait-Mubasher: Acico Industries’ ordinary general meeting (OGM) on Sunday has agreed to distribute 20% cash dividends and bonus shares of the capital for the fiscal year 2015.
The shareholders approved the payment of 15% cash dividends or 15 fils per share, with a total value of KWD 4.09 million, according to an issued statement.
The company will distribute 5% bonus shares or 5-for-100 shares, at a value of KWD 1.37 million.
Acico’s stock retreated 2% to end Sunday’s session at 305 fils.
Source:
Mubasher