Sipchem shareholders authorize board to pay interim dividends for 2025

22/05/2025 Argaam
Sahara International Petrochemical Co. (Sipchem)headquarters

Sahara International Petrochemical Co. (Sipchem) headquarters

Sahara International Petrochemical Co.’s (Sipchem) shareholders approved authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2025, during the ordinary general meeting (OGM) held on May 21.

 

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Shareholders discharged the board from liability for 2024, and approved all other items on the meeting’s agenda, according to a statement to Tadawul.

 

Sipchem had distributed cash dividends for 2024 at 10%, or SAR 1 per share, Argaam earlier reported.

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