Mubasher: Ahly United Bank – Kuwait (AUB Kuwait) on Tuesday said it set 6 April as the date for listing its bonus share distributions in Boursa Kuwait, according to a bourse filing.
The bank, listed in Bahrain and Kuwait, said that the bonus shares have been listed and given to shareholders on the Bahraini bourse.
In March, AUB – Kuwait’s shareholders approve the distribution of a cash dividend representing 18% of capital at 4.5 cents per share, as well as a bonus share distribution of 10% at a 1-for-10 ratio.
Profits attributable to shareholders increased 6.2% to $570.6 million in 2016, up from $537.2 million in 2015.
