Mubasher: Ahli United Bank (AUB) will list its bonus shares on Tuesday to increase capital to BHD 1.63 billion
On 31 March 2015, the general meeting approved cash dividends at 4.5 cents per share, as well as the distribution of bonus shares at 5% for 2014.
Accordingly, AUB’s capital will be increased to $1.63 billion from $1.62 billion, divided into 6.5 billion shares, according to the bank’s statement to Bahrain bourse.
The stock closed yesterday’s trading at $0.65, after 20,500 shares changed hands at a total turnover of BHD 5,000.