AME shareholders approve dividend, end current board term
26/05/2025 Argaam
Logo of AME Company for Medical Supplies
Shareholders of AME Company for Medical Supplies approved a board proposal to distribute a 20% cash dividend, at SAR 2 per share, for 2024 at an extraordinary general meeting (EGM) on May 25, according to a Tadawul statement.
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Dividend Details (2024) |
|
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Current Capital |
SAR 70 mln |
|
No. of Shares |
7 mln |
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Total Dividend |
SAR 14 mln |
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Percentage of Capital |
20% (SAR 2 per share) |
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Record Date |
May 25, 2025 - Shareholders of record who are registered with the Securities Depository Center Co. (Edaa) by the end of the second trading day following the record date. |
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Payment Date |
June 11, 2025 |
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Shareholders also approved ending the current board term, ahead of its scheduled expiry on July 30, 2025.