Logo of Al Mohafaza Company for Education
Al Mohafaza Company for Education said its shareholders approved the board’s recommendation to distribute cash dividends at 5% of capital, or SAR 0.50 per share, for the fiscal year ended July 31, 2025.
The decision was made during the extraordinary general meeting (EGM) held on Jan. 29.
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Dividend Details (FY2024/25) |
|
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Current Capital |
SAR 80 mln |
|
No. of Shares |
8 mln |
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Total Dividend |
SAR 4 mln |
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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) |
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Payment Date |
Feb. 16, 2026 |
Shareholders authorized the board of directors to distribute interim dividends on a quarterly or semi-annual basis for the fiscal year ending July 31, 2026.
They also approved an amendment to Article 3 of the Articles of Association concerning the company’s objectives.
In addition, shareholders approved the inclusion of a new article addressing the company’s repurchase, sale, and pledge of its shares, as well as another article covering debt and financing instruments.
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