SNB starts e-voting on EGM agenda today

Saudi National Bank (SNB) starts today, April 13, the electronic voting on the agenda items of its extraordinary general assembly meeting (EGM) that will be held on April 17, according to a bourse filing.

The step follows the Capital Market Authority’s (CMA) directives enabling shareholders to participate and vote on related meeting agenda through Tadawulaty system, in line with the government’s efforts to prevent the spread of coronavirus.

Shareholders are set to vote on the board's recommendation to distribute a 9% cash dividend, or SAR 0.90 per share, for H2 2021. In addition, they will also vote on authorizing the board of directors to distribute interim dividends for 2022.