Shareholders of Academy of Learning Co. (AOL) are set to vote on the board’s recommendation to increase the company’s capital through a bonus share distribution during the extraordinary general meeting (EGM) scheduled for Jan. 1, 2026.
The capital will be hiked by capitalizing SAR 45 million from retained earnings, representing a 50% capital increase (one bonus share for every two shares held), AOL said in a Tadawul statement.
Shareholders will also vote on the board’s proposal for a 10% cash dividend, or SAR 0.1 per share, for the fiscal year ended June 30, 2025.
Shareholders of Academy of Learning Co. (AOL) are set to vote on the board’s recommendation to increase the company’s capital through a bonus share distribution during the extraordinary general meeting (EGM) scheduled for Jan. 1, 2026.
The capital will be hiked by capitalizing SAR 45 million from retained earnings, representing a 50% capital increase (one bonus share for every two shares held), AOL said in a Tadawul statement.
Shareholders will also vote on the board’s proposal for a 10% cash dividend, or SAR 0.1 per share, for the fiscal year ended June 30, 2025.
