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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