BUDGET SAUDI - Disclosures

Date Article Link
26/12/2024 Budget Saudi acquires 70% of UAE’s Overseas Development
21/07/2024 Budget Saudi completes acquisition of AutoWorld
18/07/2024 Edaa implements capital increase on Budget Saudi
25/06/2024 Budget Saudi EGM ratifies issuing new shares to acquire AutoWorld
24/06/2024 Budget Saudi names Ibrahim Almojel Chairman, Abdulwahab Albetari Deputy
05/06/2024 Budget Saudi issues shareholder circular on issuing new shares to acquire AutoWorld
03/06/2024 Budget Saudi’s EGM to vote on issuing new shares to acquire AutoWorld on June 24
26/05/2024 Budget Saudi Announces the date and method of distributing dividends to shareholders for the Second half of the year 2023
13/05/2024 CMA approves Budget Saudi's capital top-up to SAR 781M
13/05/2024 Budget Saudi sees lower revenue from resale of Chinese cars: CEO
02/05/2024 The United International Transportation Company (Budget Saudi) announces the invitation of its shareholders to attend the Extraordinary General Assembly meeting (First meeting) via modern technology means.
13/02/2024 Budget Saudi gets GAC nod on AutoWorld acquisition
24/12/2023 Budget Saudi signs SSA to fully acquire AutoWorld by issuing new shares
30/11/2023 Budget Saudi buys 70% of Overseas Development in Saudi Arabia
06/11/2023 Budget Saudi inks SAR 40 mln car lease deal with SABIC
12/10/2023 Budget Saudi appoints EFG Hermes KSA as financial advisor on AutoWorld acquisition deal
27/08/2023 Budget Saudi shareholders approve amending bylaws
24/08/2023 Budget Saudi signs non-binding MoU to fully acquire SEDCO's AutoWorld subsidiary
27/07/2023 The United International Transportation Company (Budget Saudi) announces the amendment of the date and agenda of the Extraordinary General Assembly (first meeting) through modern technology
30/04/2023 Budget Saudi signs SPA to buy 70% of Overseas Development Saudi for SAR 126.4 mln
13/04/2023 Budget Saudi's board backtracks on share buyback proposal
23/03/2023 Budget Saudi shareholders to vote on 15% cash dividend for H2 2022 on April 13
16/03/2023 Budget Saudi signs binding MoU to acquire 70% of Overseas Development subsidiaries
23/02/2023 Budget Saudi board recommends 15% cash dividend for H2 2022
17/01/2023 Budget Saudi unit extends MoU to acquire 70% of 3 Overseas Development subsidiaries
31/07/2022 Budget Saudi board declares 5% cash dividend for H1 2022
31/07/2022 Budget Saudi's board proposes up to 7.1 mln share buyback
24/07/2022 Budget Saudi’s subsidiary signs MoU for possible acquisition of 70% of Overseas Development’s units in Saudi Arabia, UAE, Kuwait
24/03/2020 Budget Saudi says car rental business hit by COVID-19 precautionary measures
26/01/2020 Budget Saudi acquires 51% of Unitrans Infotech Services India for SAR 2.9 mln
27/10/2019 Budget Saudi plans 5% cash dividend for H1 2019
05/05/2019 Budget Saudi to pay dividend for FY 2018 on May 8
21/04/2019 Budget Saudi approves 15% dividend for FY 2018
24/03/2019 Budget Saudi to vote on FY 2018 dividend on April 18
03/02/2019 Budget Saudi plans 15% dividend for FY 2018
01/05/2018 Budget Saudi approves 15% dividend for FY17
01/02/2018 Budget Saudi plans 15% dividend for FY17
12/12/2017 Budget Saudi shareholders approve updated remuneration policy
04/05/2017 Budget Saudi to deposit fractional shares on May 17
20/04/2017 Budget Saudi approves dividend, capital hike
19/01/2017 Budget Saudi recommends 17% capital hike through bonus shares
19/01/2017 Budget Saudi plans 12.5% dividend for FY16
25/08/2016 Budget Saudi says financial statements comply with IFRS
31/05/2016 Budget Saudi’s subsidiary to be sole agent for Barloworld
08/05/2016 Budget Saudi gets exclusive license to rent Payless cars
08/05/2016 Budget Saudi OKs 20% capital hike, dividend
01/05/2016 Budget Saudi says Barloworld seeks to extend letter of intent
07/02/2016 Saudi Budget extends Zodiac’s franchise deal
19/01/2016 Budget Saudi plans to raise capital to SAR 610 mln, issue 15% dividend for FY-2015
14/01/2016 Budget Saudi sees no material impact from energy reforms
04/11/2015 Budget sells 51% stake in Unitrans Infotech for SAR 2.94 mln
03/11/2015 Budget Saudi says MoU with Barloworld Logistics terminated
23/04/2015 Budget OKs capital raise to SAR 508.3 mln
19/01/2015 Budget’s board recommends 25% capital raise and 17% cash dividend
28/10/2014 Budget Saudi Arabia’s unit lands SAR 35.7 mln car rental deal
11/09/2014 Budget Saudi Arabia opens car rental office at King Fahd Airport
03/08/2014 Budget Saudi increases stake in its subsidiary al-Jozoor to 98.8 percent
22/04/2014 Budget Saudi’s subsidiary to get a SAR 50 million sharia-compliant loan
17/04/2014 Budget 's GA approves 33.3 % capital raise and 22.5% cash dividends
19/01/2014 Budget-Saudi: 33.3% Proposed Capital raise
15/12/2012 Budget Saudi increases stake in Rahal Ltd
06/11/2012 Budget-Saudi Subsidiary Signs MoU with Barloworld Ltd
26/08/2012 Budget Saudi Co establishes Rahal Ltd
30/05/2012 Budget-Saudi Signs a Partnership Agreement with Tranzlease Ltd.
18/01/2012 Budget-Saudi 33.3% Proposed Capital raise