Hawiya Auctions shareholders authorize board to pay interim dividends

Hawyia Auctions Co.’s shareholders authorized the board of directors to pay interim dividends for the fiscal year ending on Dec. 31, 2025, on a semiannual or quarterly basis.

In a statement to Tadawul, the company said the decision came during the extraordinary general meeting (EGM) held on Dec. 22.

They also approved amending Article (2) of the company’s bylaws relating to the company’s name and ratified the deletion of Article (28) related to the issuance of general assembly resolutions by circulation.

Meanwhile, they approved related party transactions.