Eastern Cement authorize board to distribute interim dividends for 2025

09:54 AM (Mecca time) Argaam
Logo ofEastern Province Cement Co.

Logo of Eastern Province Cement Co.

Eastern Province Cement Co.’s shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025. The decision was made in an ordinary general meeting (OGM) on May 11, according to a statement to Tadawul.

 

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The shareholders also approved the appointment of Dr. Mohamed Al-Amri & Co. (BDO) as the company's external auditor based on the recommendation of the audit committee.

 

The auditor will examine, review, and audit the financial statements for the second, third, and fourth quarters, as well as the annual financials for 2025 and Q1 2026. The agreed audit fee is SAR 429,000.

 

According to data available on Argaam, the company distributed cash dividends of 16% of capital, or SAR 1.6 per share, in 2024.

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