SASCO OGM authorizes board to pay 2025 interim dividends

18/06/2025 Argaam
Logo ofSaudi Automotive Services Co. (SASCO)

Logo of Saudi Automotive Services Co. (SASCO)

Saudi Automotive Services Co.’s (SASCO) shareholders approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.

 

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The decision was made during the ordinary general meeting (OGM) held on June 17, the company said in a statement to Tadawul.

 

Shareholders further approved a special exceptional bonus of SAR 12 million to Chairman Ibrahim Al Hudaithi in recognition of his role in the acquisition deal of an 80% stake in Oil Services Co. in 2022.

 

The OGM also ratified other agenda items, the statement said.

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