Almarai EGM to discuss 10% cash dividend for 2024 on April 13

23/03/2025 ِArgaam
Logo ofAlmarai Co.'s

Logo of Almarai Co.'s

Almarai Co.'s shareholders will discuss a 10% cash dividend for 2024, or SAR 1 a share, during the extraordinary general meeting (EGM) to be held on April 13, according to a Tadawul statement.

 

Dividend Details

Current Capital

SAR 10 bln

Number of Shares

1 bln

Total Dividend

SAR 1 bln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Shareholders registered with Edaa by the close of the second trading day following the EGM

Payment Date

April 24, 2025
 

Shareholders will also vote on other agenda items, including the repurchase of 10 million shares, to be allocated for the employee stock incentive program. The repurchase will be financed from the company's sources.

 

Additionally, they will also vote on approving several contracts entered by the company, the statement said.

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