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Kuwait Insurance to discuss dividends late March

Kuwait Insurance to discuss dividends late March
Photo Credit: Arabianeye-Reuters
KINS
KINS
3.52% 529.00 18.00

Mubasher: Kuwait Insurance will hold its ordinary general meeting (OGM) on 27 March to overview the board’s recommendation of distributing 20% of the capital or 20 fils per share, according to a bourse statement issued on Thursday.

The shareholders will also consider authorising the board to handle business with related parties for fiscal year 2017, as well as purchasing or buying 10% or less of Kuwait Insurance’s shares.