The Latest Breaking News from Board of Directors

stc Announces Board's Recommendation to Distribute 150% Stock Dividend to Shareholders

Saudi Arabia's stc’s board of directors announced on Saturday its recommendation to the general assembly to increase the company’s capital by 150% through granting bonus shares. It will be capitalizing SAR 30 billion from retained earnings, bringing stc’s capital from SAR 20 billion (2 billion shares) to SAR 50 billion…

Asharq Al-Awsat · Jun 12, 2022

Blackhawk Appoints Justin Hanka as Chairman of The Board

Vancouver, British Columbia – TheNewswire - June 06, 2022 – Blackhawk Growth Corp. (the "Company") (CSE:BLR) (OTC:BLRZF) (Frankfurt:0JJ) is pleased to announce  the appointment of investment banker Justin Hanka as Director and Chairman of the Board of Directors to help execute corporate transactions in Blackhawk.

Benzinga · Jun 11, 2022

Non-government Members Appointed on Saudi Central Bank’s Board

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, has agreed to appoint five non-government members to the Board of Directors of the Saudi Central Bank to lead the Kingdom’s financial sector. Sheila Al-Rowaily, who worked with Saudi Aramco, has become the first woman to join the board…

Asharq Al-Awsat · Jun 10, 2022

King Salman Issues a Number of Royal Orders

Custodian of the Two Holy Mosques King Salman bin Abdulaziz issued on Sunday several royal orders. He relieved Dr. Tawfiq bin Fowzan bin Mohammed Al-Rabeeah, Chairman of the Board of Directors of Saudi Food and Drug Authority, of his post and appointed Fahd bin Abdulrahman bin Dahes Al-Jalajel in his…

Asharq Al-Awsat · May 30, 2022

Lovlina Borgohain elected as IBA Athletes Committee Chair

NEW DELHI: Olympics bronze medallist Lovlina Borgohain has been elected as the chair and a voting member on the Board of Directors for the Athletes' Committee, the International Boxing Association (IBA) said on Thursday.

The Times of India · May 26, 2022

Dick's Sporting Goods Clocks 7.5% Sales Decline In Q1; Cuts FY22 Outlook

Dick's Sporting Goods Inc (NYSE:DKS) reported a first-quarter FY22 sales decline of 7.5% year-over-year to $2.70 billion, beating the consensus of $2.59 billion. Comparable store sales decreased 8.4% versus 117.1% growth a year ago. The gross profit margin contracted 83 basis points Y/Y to 36.47%. The operating margin contracted 273 basis points to…

Benzinga · May 25, 2022

Why Dole Shares Are Plunging Today

Dole PLC (NYSE:DOLE) reported first-quarter FY22 sales growth of 113.5% year-on-year, to $2.25 billion, missing the consensus of $2.32 billion. On a pro-forma comparative basis, revenue decreased marginally, primarily due to a decrease in Fresh Vegetables resulting from the Value Added salads product recall in January and February 2022 and negative foreign currency…

Benzinga · May 24, 2022

LIC to declare financial results for FY22 on May 30; board to consider dividend payment

NEW DELHI: The board of directors of the state-owned Life Insurance Corporation of India (LIC) is scheduled to meet at the end of this month to declare the financial results for the fiscal year ended March 2022.

The Times of India · May 24, 2022

Ruchi Soya Industries to change name to Patanjali Foods; to acquire its food retail business

MUMBAI: The Board of Directors of Ruchi Soya Industries on Wednesday decided to change the name of the company to 'Patanjali Foods Limited'.

The Times of India · May 18, 2022

Saudi EXIM Launches New Strategy to Reach Global Markets

The Saudi Export-Import Bank (EXIM) launched a new strategy to facilitate national non-oil exports to reach global markets for the next five years. The strategy enables Saudi non-oil exports to reach global markets by closing financing gaps and reducing export risks. It focuses on maximizing the economic impact of the…

Asharq Al-Awsat · May 17, 2022