Cairo – Mubasher: The ordinary general meeting (OGM) of Arabian Cement Company has approved a proposal to distribute cash dividends of 53 piasters per share for fiscal year 2016, totalling EGP 200.7 million.
The OGM also adopted the financial statements for the year ended on 31 December 2016, in addition to the board and auditor’s reports on the year, according to a bourse filing.
The stock fell on Tuesday by 0.09% to EGP 10.75.
