News Release: BNS and its subsidiaries completed another successful year reporting fourth quarter net profit of $339 million taking the profit for the year ended, October 31, 1997 to $1,585
The Board has resolved that a further dividend of 12.5 cents plus an extra dividend of five cents be paid on each stock unit of paid up capital stock of
At a Board of Directors meeting it was resolved that an interim dividend in respect of 1997 of fifteen cents per stock unit be paid on January 12, 1998 to
A dividend payment will be considered at the upcoming Board meeting on November 20, 1997.
Operating Revenues for the six months to September 30, 1997, were $6,584 million – an improvement of 18% over the equivalent period last year. The growth in revenue reflects the
The Directors have agreed to recommend to the shareholders at an Extra-ordinary general meeting on December 1, 1997 that the authorised share capital be increased from $65 million to $100
At a Board meeting on september 25, the Directors adopted a dividend policy as under: To distribute at least 10% of the net profit attributable to stockholders. The new policy
The Directors have declared an Interim Dividend of 25 cents per stock unit to be paid on February 5, 1998 to stockholders of record at the close of business on
The Board of Directors have that declared a Capital Distribution of five cents per stock (less transfer tax of 7.5%) be paid to shareholders on record on October 24, 1997.
Mr. Stephen Grieg has been appointed Company Secretary/Legal Officer effective October 1, 1997.
