Karooooo (KARO) has released an update.
Karooooo Ltd. has finalized details for its interim cash dividend, set at USD 1.08 per share, which will be paid on August 14, 2024, with shares trading ex-dividend from August 8, 2024. South African shareholders will receive their dividends in Rand, calculated from a set exchange rate, and subject to a 20% South African dividend tax unless exempt. The company, a significant player in telematics software, spans 25 countries and over 2 million subscribers.
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