AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Rawalpindi, In a recent board meeting held on September 15, 2023, at Rawalpindi, the Murree Brewery Company Limited announced its recommendations for the fiscal year ending June 30, 2023.
Cash Dividend for Shareholders
The Board of Directors recommended a final cash dividend of Rs. 5 per share, equivalent to 50% of the share’s face value. This dividend is in addition to the interim dividend of Rs. 5 per share, also amounting to 50%, which had already been paid.
No Bonus Shares or Right Shares
The company’s board has decided not to issue any bonus shares or right shares to shareholders for the fiscal year 2023.
Upcoming Annual General Meeting
The Annual General Meeting of the Murree Brewery Company Limited is scheduled to take place on October 20, 2023, in Rawalpindi.
Important Dates for Shareholders
Shareholders eligible for the recommended dividend must have their names listed in the Register of Members by October 13, 2023. The Share Transfer Books of the company will be closed from October 14, 2023, to October 20, 2023, inclusive.
Access to Annual Report
The company will provide its Annual Report to shareholders at least 21 days before the Annual General Meeting, and financial statements will be available on the company’s website at www.murreebrewery.com.
This announcement comes as the company continues to maintain a strong financial position, as evidenced by its financial statements for the year ended June 30, 2023, which reported a profit for the year. Earnings per share for the year stood at Rs. 46.04.
Shareholders and investors are eagerly awaiting the Annual General Meeting in October to learn more about the company’s future plans and strategies.
The post Murree Brewery Company Recommends Final Cash Dividend of Rs. 5 per Share for Fiscal Year 2023 appeared first on Pakistan Company News.