AI Summary
Logo of Al Mohafaza Company for Education
Al Mohafaza Company for Education’s shareholders are set, during an extraordinary general assembly meeting (EGM) that will be held on Jan. 29, to vote on the board's recommendation to distribute cash dividends at 5% of capital, or SAR 0.5 per share, for the fiscal year ended on July 31, 2025.
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Dividend Details (FY2024/25) |
|
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Current Capital |
SAR 80 mln |
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No. of Shares |
8 mln |
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Total Dividend |
SAR 4 mln |
|
Percentage of Capital |
5% (SAR 0.5 per share) |
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Record Date |
Jan. 29, 2026 (Shareholders of record who are registered with Edaa at the end of the second trading day following the record date) |
|
Payment Date |
Within 15 working days from record date |
Shareholders will also vote on authorizing the board of directors to distribute interim dividends quarterly or semi-annually for the fiscal year ending on July 31, 2026.
In addition, they will vote on amending Article 3 of the articles of association related to the company's objectives.
Other agenda items include voting on adding an article to the articles of association related to the company's repurchase, sale, and pledging of its shares, as well as voting on adding an article to the articles of association related to debt and financing instruments.
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