WSM authorizes board to distribute interim dividends for 2025

Shareholders of WSM Information Technology Co. authorized the board of directors to distribute an interim cash dividend on a semi-annual or quarterly basis for 2025, according to a Tadawul statement.

The authorization came during the ordinary general meeting (OGM) held on June 17.

Further, shareholders mandated the board to authorize the OGM with the license mentioned in Article 27 of the Companies Law.

This authorization will last for a year from the date of approval of the general assembly or until the end of the session of the authorized board, whichever is earlier, in accordance with the Executive Bylaws of the Companies Law for Listed Joint Stock Companies.