Logo ofTAM Development Co.
TAM Development Co. said its shareholders approved on June 29 the board recommendation to pay a cash dividend at 6.2%, or SAR 0.62 per share, for 2025, as shown below: 
Cash Dividend Details
Current capital
SAR 36.60 mln
Number of shares
3.66 million
Total dividend distributed
SAR 2.05 mln
% of capital
6.2% (SAR 0.62 per share)
Record date
June 29, 2026, for shareholders of record who are registered with Edaa by the end of the second trading day following the record date
Payment date
July 7, 2026
Shareholders also approved the board proposal to repurchase up to 10,000 shares to be held as treasury shares.
The board believes the stock is priced below its fair value. The repurchase will be financed through the company’s internal resources or bank facilities, with the board authorized to complete the transaction within a maximum of 18 months from the date of the general meeting.
TAM will retain the repurchased shares for a maximum of 10 years from the meeting approval date. After this period, the company will comply with the procedures and controls stipulated in the relevant laws and regulations.
Shareholders further authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2026.
Logo ofTAM Development Co.
TAM Development Co. said its shareholders approved on June 29 the board recommendation to pay a cash dividend at 6.2%, or SAR 0.62 per share, for 2025, as shown below:
Cash Dividend Details
Current capital
SAR 36.60 mln
Number of shares
3.66 million
Total dividend distributed
SAR 2.05 mln
% of capital
6.2% (SAR 0.62 per share)
Record date
June 29, 2026, for shareholders of record who are registered with Edaa by the end of the second trading day following the record date
Payment date
July 7, 2026
Shareholders also approved the board proposal to repurchase up to 10,000 shares to be held as treasury shares.
The board believes the stock is priced below its fair value. The repurchase will be financed through the company’s internal resources or bank facilities, with the board authorized to complete the transaction within a maximum of 18 months from the date of the general meeting.
TAM will retain the repurchased shares for a maximum of 10 years from the meeting approval date. After this period, the company will comply with the procedures and controls stipulated in the relevant laws and regulations.
Shareholders further authorized the board to distribute interim dividends on a semi-annual or quarterly basis for 2026.
