AI Summary
Logo of Arabian Plastic Industrial Co. (APICO), as the company’s shareholders elected members of the board of directors for the upcoming four-year term starting on Sept. 14, 2025
Shareholders of Arabian Plastic Industrial Co. (APICO) approved the board of directors’ recommendation to distribute an interim cash dividend at 10% of capital, or SAR 1 a share, for H1 2025, during the ordinary general meeting (OGM) held on Sept. 11, according to a statement to Tadawul.
|
Cash Dividends (H1 2025) |
|
|
Current Capital |
SAR 75 mln |
|
Number of Shares |
7.5 mln |
|
Total Dividends |
SAR 7.5 mln |
|
Percentage of Capital |
10% (SAR 1 a share) |
|
Record Date |
Sept. 11, 2025, including shareholders registered with Edaa by the end of the second trading day following the general meeting |
|
Payment Date |
Within 15 business days from the record day |
Shareholders also approved delegating the board of directors to distribute interim dividends for 2025 on a semi-annual or quarterly basis.
Meanwhile, the OGM elected members of the board of directors for the upcoming four-year term starting Sept. 14, 2025.
The newly elected board includes Khalid Balubaid, Ahmed Balubaid, Waleed Balubaid, Mohammed Al-Haj, Venugopal T. K, Azhar Kenji, Nagi Sourati, and Nasser Al Dosari.
Be the first to comment
Comments Analysis: