Altwijri Trading shareholders authorize board to distribute 2026 interim dividends

Shareholders of Abdulaziz Bin Ahmed Altwijri Trading Co. (Altwijri Trading) authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2026. The decision was made during an extraordinary general meeting (EGM) on March 12.

In a statement to Tadawul, the company said shareholders approved amendments to its bylaws, including the deletion of articles related to the shareholder register and share trading, and revisions concerning company management, board meetings, and dividend distribution.

Shareholders also approved adding articles defining the powers of ordinary and extraordinary general assemblies, rules on participation and ownership in companies, procedures for the company’s purchase and sale of shares, treasury shares, employee share allocations, mortgaging and transferring shares, and sukuk and bond issuance. The amendments included renumbering and reorganizing the articles and chapters of the bylaws to reflect the changes.