bos bos

Capital & Dividend Payment

Year
Beginning Capital
(AED) (000)
Capital Increase / Rights Issue
(AED) (000)
% Increase
Amount Paid 
(AED) (000)
Treasury
Issues
Bonus Issue
(AED) (000)
% Increase
Year - End Capital
(AED) (000)
Premium AED
Dividends
(AED) (000)
% Dividend
Par Value /
Share (AED)
Book Value /
Share (AED)
Book
Value
1973 15,000     15,000       15,000     0% 0 100.00 1.00
1974 15,000             15,000     0% 100 100.00 1.00
1975 15,000             15,000   2,400 16% 100 106.87 1.69
1976 15,000             15,000   3,300 22% 100 123.98 1.24
1977 15,000             15,000   3,300 22% 100 151.76 1.52
1978 15,000         5,000 33.33%  20,000   3,300 22% 100 176.13 1.76
1979 20,000             20,000   4,400 22% 100 151.40 1.51
1980 20,000         5,000  25.00% 25,000   2,400 12% 100 184.11 1.84
1981 25,000             25,000   3,750 15% 100 180.98 1.81
1982 25,000 25,000 100% 43,750       50,000 75 9,000 18% 100 187.23 1.87
1983 50,000             50,000   10,000 20% 100 199.93 2.00
1984 50,000             50,000   5,000 10% 100 218.94 2.19
1985 50,000             50,000   5,000 10% 100 235.43 2.35
1986 50,000         5,000  10.00% 55,000     0% 100 250.17 2.50
1987 55,000         5,000  9.09% 60,000     0% 100 228.32 2.38
1988 60,000         6,000  10.00% 66,000     0% 100 222.74 2.23
1989 66,000         4,000  6.06% 70,000   3,960 6% 100 219.40 2.19
1990 70,000             70,000   7,000 10% 100 225.30 2.25
1991 70,000             70,000     0% 100 195.36 1.95
1992 70,000 10,000           80,000     0% 100 184.97 1.85
1993 80,000         4,000  5.00% 84,000   4,000 5% 100 189.38 1.89
1994 84,000         4,000  4.76% 88,000   5,040 6% 100 196.50 1.97
1995 88,000 42,000 48%         130,000   15,600 12% 100 171.74 1.72
1996 130,000         10,000 7.69% 140,000   15,600 12% 100 167.36 1.67
1997 140,000         20,000  14.29% 160,000   16,800 12% 100 139.00 1.39
1998 160,000         20,000 12.50% 180,000   19,200 12% 100 148.70 1.49
1999 180,000 40,000 22% 40,000       220,000   26,400 12% 10 14.65 1.47
2000 220,000         20,000 9.09%     26,400 12% 10 15.38 1.54
2001 240,000                 28,800 12% 10 16.31 1.63
2002 240,000         20,000 8.33% 260,000   28,800 12% 10 15.00 1.50
2003 260,000 490,000 188% 490,000       750,000   75,000 10% 1 1.29 1.29
2004 750,000         100,000  13.33% 850,000     0% 1 1.21 1.21
2005 850,000 150,000 18% 300,000   250,000  25.00% 1,250,000 1 200,000 20% 1 1.38 1.38
2006 1,250,000             1,250,000   250,000 20% 1 1.68 1.68
2007 1,250,000             1,250,000   312,500 25% 1 1.84 1.84
2008 1,250,000 487,472 39% 1,462,416   262,528 15.11% 2,000,000 2 260,621 15% 1 1.99 1.90
2009 2,000,000         100,000  5.00% 2,100,000   240,000 12% 1 2.02 2.02
2010 2,100,000             2,100,000   210,000 10% 1 1.99 1.99
2011 2,100,000             2,100,000   193,500 10% 1 2.00 2.00
2012 2,100,000             2,100,000   193,500 10% 1 2.02 2.02
2013 2,100,000       60,000   2.86% 2,100,000   185,973 9.61% 1 2.14 2.14
2014 2,100,000       99,527   4.74% 2,100,000   71,500 3.40% 1 2.06 2.06
2015 2,100,000       110,000   5.24% 2,100,000     0.00% 1 2.10 2.10
2016 2,100,000             2,100,000   160,860 7.66% 1 2.09 2.09
2017 2,100,000             2,100,000     0.00% 1 1.93 1.93
TOTAL   1,244,472   2,351,166 269,527 840,528       2,278,313        

 

*Notes:

  • In 1992, 100,000 shares were offered to the Government of Sharjah within the context of the settlement agreement signed.
  • During 2002 BNP Paribas, BOS’s partner since inception, sold its shares as it was not possible to increase its share to 51% as requested, in view of the prevailing UAE laws limiting foreign ownership in national banks to 20%.
  • During 2004, BOS’s shares were listed in the Abu Dhabi Securities Exchange (ADX).
  • On 17 March 2006, BOS issued 500 million convertible bonds at a nominal value of AED 1 per bond for a total of AED 500 million listed at Abu Dhabi Securities Exchange (ADX). The bonds matured on 17 March 2008 and 487,472 bonds were successfully converted to shares with a premium of AED 2 per bond, representing a conversion rate of 97.5%.
  • 2012: Within a share buyback scheme, the bank acquired 165 million treasury shares.
  • 2013: The bank distributed 60 million treasury shares as dividends to shareholders.
  • 2014: The bank distributed 99.527 million treasury shares as dividends to shareholders.
  • 2015: The bank distributed 110 million treasury shares as dividends to shareholders.