‎Al Yamamah Steel board recommends no dividend for FY 2024/25

‎Al Yamamah Steel board recommends no dividend for FY 2024/25 ‎Al Yamamah Steel board recommends no dividend for FY 2024/25

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Logo ofAl Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co.‘s board of directors recommended today, Dec. 28, to withhold dividends for fiscal year ended Sept. 30, 2025, according toa statement toTadawul.

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The decision aims to strengthen the company’s financial position and support its expansion projects, including the capital increase of its subsidiary, Al Yamamah Reinforcing Steel Bars Co., the statement added.

 

Logo ofAl Yamamah Steel Industries Co.

Al Yamamah Steel Industries Co.‘s board of directors recommended today, Dec. 28, to withhold dividends for fiscal year ended Sept. 30, 2025, according toa statement toTadawul.

The decision aims to strengthen the company’s financial position and support its expansion projects, including the capital increase of its subsidiary, Al Yamamah Reinforcing Steel Bars Co., the statement added.
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