SAPTCO shareholders approve dividend freeze for 2021

23/05/2022 Argaam

Logo of SAPTCO

Saudi Public Transport Co. (SAPTCO) shareholders approved withholding dividend for 2021 during the ordinary general meeting (OGM) held on May 22, according to a bourse filing.

 

However, shareholders endorsed all the agenda items.

 

In March, the company's board of directors recommended withholding dividends for 2021 to support its liquidity and financial position.

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