AI Summary
Logo of Tabuk Cement Co.
Tabuk Cement Co.'s shareholders approved the board's recommendation to distribute a cash dividend at 2.5%, or SAR 0.25 a share, for 2023, during the extraordinary general meeting (EGM) held on June 26, according to a Tadawul statement.
|
Dividends Details (2023) |
|
|
Current Capital |
SAR 900 mln |
|
No. of Shares |
90 mln |
|
Total Dividends |
SAR 22.5 mln |
|
Percentage of Payment |
2.5% (SAR 0.25 a share) |
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Record Date |
June 26, 2024 (Shareholders of record who are registered with Edaa by the close of second trading day following the record date) |
|
Date of Payment |
July 16, 2024 |
Shareholders also approved authorizing the board to pay interim dividends for 2024 on a semi-annual or quarterly basis, after amending Article 47 of the company's bylaws related to dividends.
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