Jetcon Board Approves Interim Dividend, To Seek Shareholder Approval for 3 for 1 Stock Split
Jetcon Corporation’s Board of Directors at their January 28th meeting approved the payment of an interim dividend of 7 cents per share.
They have also agreed to recommend to shareholders an undertaking for a 3 for 1 stock split, moving the share capital from 194.5 million shares to 583.5 million shares.
The Board has set February 9th, 2017 as the date for the dividend and stock split communication to shareholders
Jetcon traded up 23 cents on volumes of 53,787 units to close at $10.10 on the Jamaica Stock exchange today.