SACO shareholders approve dividend freeze for 2024

18/05/2025 Argaam
Logo ofSaudi Company for Hardware (SACO)

Logo of Saudi Company for Hardware (SACO)

Saudi Company for Hardware’s (SACO) shareholders approved the board of directors' recommendation to withhold cash dividend for 2024 during the ordinary general meeting (OGM) held May 15, according to statement to Tadawul.

 

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They further approved authorizing the board to distribute interim dividends on a semi-annual or quarterly basis for 2025.

 

All other agenda items were ratified, the statement added.

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