Al Baraka Banking Group B.S.C. (BARKA) Annual General Meeting (AGM) & Extraordinary General Meeting (EGM) Results

Monday , March 20, 2017 - 15:12:00 PM
Al Baraka Banking Group B.S.C - BARKA

The AGM & EGM of Al Baraka Banking Group B.S.C. (BARKA) were held on Monday 20/3/2017 at 1:00 p.m. with a quorum of 84.51%.

Both the AGM & EGM approved their proposed agendas including the distribution of Cash Dividends equivalent to 1% amounting to 1 US cent per share and Bonus Shares of 5% i.e. 1 shares for every 20 shares.

Hence, Al Baraka Banking Group B.S.C share shall trade ex-dividend and ex-bonus starting from Tuesday 21/3/2017, and the adjusted price after the distribution of Bonus shares will be USD 0.452.