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Qatar Exchange Affirms the Right of Widam Shareholders to Cash
Dividends at the End of Trading on Tuesday 26 February 2019
February 25, 2019
Qatar Stock Exchange announced that
Widam Food Co. has held its General Assembly meeting on Sunday,
24 February 2019, where Widam has decided to amend the Board of
Directors’ recommendation to distribute 30% of its nominal
shares value as cash dividend to its shareholders, which is
equal to QR3 per share, to 45%, i.e. QR4.5 per share.
The share of Widam Food Co. will be
traded on Monday, 25 February 2019, and Tuesday, 26 February
2019, loaded with the right to obtain the cash dividend. This
means that those who own the shares by the end of the trading
session of Tuesday, 26 February, will have the right to obtain
the cash dividend.
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