(Photo Credit: Company Website)
Shell Oman
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-0.24%
0.82
-0.00
SOMS
Mubasher: The ordinary general meeting (OGM) of Shell Oman Marketing Company approved the proposal of distributing cash dividends for 2016 at 106 baisas per share with a total value of OMR 10.07 million.
Dividends represent 106% of the company’s capital, the company said on Tuesday in a statement to the Muscat Securities Market (MSM).
The company’s capital is OMR 9.5 million distributed over 95 million shares, with a nominal value of OMR 0.1 per share.
In a former statement, Shell had stated that the profits will be distributed to shareholders in April.
Source:
Mubasher