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Logo of Saudi Networkers Services Co.
Saudi Networkers Services Co.’s board recommended today, Sept. 8, the distribution of a cash dividend at 20% of capital, or SAR 2 per share, for H1 2025, according to a statement to Tadawul.
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Dividend Details (H1 2025) |
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Current Capital |
SAR 60 mln |
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Number of Shares |
6 mln |
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Total Dividend |
SAR 12 mln |
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Percentage of Capital |
20% (SAR 2 per share) |
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Record Date |
Sept. 11, 2025 |
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Payment Date |
Sept. 25, 2025 |
In a separate statement, the company said its board recommended increasing capital by 25% through a bonus share issue. This will be done by capitalizing SAR 15 million from retained earnings by granting one bonus share for every four shares owned.
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Capital Increase Details |
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Current Capital |
SAR 60 mln |
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Number of Shares |
6 mln |
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New Capital |
SAR 75 mln |
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New Number of Shares |
7.5 mln |
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Percentage of Increase |
25% |
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Reason for Increase |
Strengthen the company's strategic growth plan and future expansion needs, as well as reaffirming its financial solvency and financial position |
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Number of Distributed Shares |
One bonus share will be granted to each shareholder who owns four shares |
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Method |
Capitalizing SAR 15 mln from retained earnings |
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Record Date |
Shareholders of record and those registered with Edaa at the end of the second trading day following the record date |
In the case of fraction bonus shares, these will be collected into a single investment portfolio and sold at market price within 30 days from the date of allotment of new shares to each shareholder is determined.
The capital increase is subject to the approval of the competent authorities and the company's EGM, the statement said.
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