Karooooo (KARO) has released an update.
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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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