stc shareholders approve 2021 financial statements, board report

Shareholders of stc approved the company’s financial statements, as well as the board and auditor’s reports for 2021, during the ordinary general assembly meeting (OGM) held on April 19.

They also delegated the board with the OGM powers for one year from the shareholders’ approval date or until the end of the board term, whichever is earlier, stc said in a statement to Tadawul.

Shareholders approved SAR 6.31 million in board remuneration for 2021.