Categories
Middle East Market

Saudi Aramco gets shareholders’ nod to increase capital to $20bn

Sumary of Saudi Aramco gets shareholders’ nod to increase capital to $20bn:

  • Investors authorize the company superior increase to SR75 billion ($20 billion) from SR60 billion.
  • Seeks to maximize total shareholder return through the arrangement of sustainable and advanced dividends, underlying growth in free cash flow and spend in available strategic possibilities to create long-term value, it said in a statement.

Want to know more click here go to source.