‎Almarai EGM to discuss 10% cash dividend for 2024 on April 13

‎Almarai EGM to discuss 10% cash dividend for 2024 on April 13 ‎Almarai EGM to discuss 10% cash dividend for 2024 on April 13

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Logo ofAlmarai Co.’s

Almarai Co.’s shareholders will discuss a 10% cash dividend for 2024 at SAR 1 a share, during the extraordinary general meeting (EGM) to be held on April 13, according to a Tadawul statement.

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Dividend Details

Current Capital

SAR 10 bln

Number of Shares

1 bln

Total Dividend

SAR 1 bln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Shareholders registered with Edaaby the close of the second trading day following the general meeting date

Payment Date

April 24

Shareholders will also vote on other agenda items, including the repurchase of 10 million shares, to be allocated for the employee stock incentive program. The repurchase will be financed from the company’s sources.

 

Logo ofAlmarai Co.’s

Almarai Co.’s shareholders will discuss a 10% cash dividend for 2024 at SAR 1 a share, during the extraordinary general meeting (EGM) to be held on April 13, according to a Tadawul statement.

Dividend Details

Current Capital

SAR 10 bln

Number of Shares

1 bln

Total Dividend

SAR 1 bln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Shareholders registered with Edaaby the close of the second trading day following the general meeting date

Payment Date

April 24

Shareholders will also vote on other agenda items, including the repurchase of 10 million shares, to be allocated for the employee stock incentive program. The repurchase will be financed from the company’s sources.

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