Fitaihi shareholders approve dividend freeze for 2024

13/05/2025 Argaam
One of Fitaihi Group branches

One of Fitaihi Group branches


Fitaihi Holding Group’s shareholders approved, during the ordinary general meeting held on May 12, to withhold dividends for 2024, according to a statement to Tadawul.

 

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In addition, shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.

 

In March, Fitaihi’s board of directors recommended withholding dividends for 2024 to strengthen liquidity and its balance sheet, Argaam data showed.

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