‎APICO shareholders approve 10% cash dividend for H1 2025

‎APICO shareholders approve 10% cash dividend for H1 2025 ‎APICO shareholders approve 10% cash dividend for H1 2025

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Logo of Arabian Plastic Industrial Co. (APICO), as the company’s shareholders elected members of the board of directors for the upcoming four-year term starting on Sept. 14, 2025

Shareholders of Arabian Plastic Industrial Co. (APICO) approved the board of directors’ recommendation to distribute an interim cash dividend at 10% of capital, or SAR 1 a share, for H1 2025, during the ordinary general meeting (OGM) held on Sept. 11, according to a statement to Tadawul.

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Cash Dividends (H1 2025)

Current Capital

SAR 75 mln

Number of Shares

7.5 mln

Total Dividends

SAR 7.5 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Sept. 11, 2025, including shareholders registered with Edaa on the second trading day following the general meeting

Payment Date

Within 15 business days from the record day

Shareholders also approved delegating the board of directors to distribute interim dividends for 2025 on a semi-annual or quarterly basis.

Meanwhile, the OGM elected members of the board of directors for the upcoming four-year term starting Sept. 14, 2025.

The newly elected board includes Khalid Balubaid, Ahmed Balubaid, Waleed Balubaid, Mohammed Al-Haj, Venugopal Kenji, Nagi Sourati and Nasser Al Dosari.

For more news on listed companies

 

Logo of Arabian Plastic Industrial Co. (APICO), as the company’s shareholders elected members of the board of directors for the upcoming four-year term starting on Sept. 14, 2025

Shareholders of Arabian Plastic Industrial Co. (APICO) approved the board of directors’ recommendation to distribute an interim cash dividend at 10% of capital, or SAR 1 a share, for H1 2025, during the ordinary general meeting (OGM) held on Sept. 11, according to a statement to Tadawul.

Cash Dividends (H1 2025)

Current Capital

SAR 75 mln

Number of Shares

7.5 mln

Total Dividends

SAR 7.5 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Sept. 11, 2025, including shareholders registered with Edaa on the second trading day following the general meeting

Payment Date

Within 15 business days from the record day

Shareholders also approved delegating the board of directors to distribute interim dividends for 2025 on a semi-annual or quarterly basis.

Meanwhile, the OGM elected members of the board of directors for the upcoming four-year term starting Sept. 14, 2025.

The newly elected board includes Khalid Balubaid, Ahmed Balubaid, Waleed Balubaid, Mohammed Al-Haj, Venugopal Kenji, Nagi Sourati and Nasser Al Dosari.

For more news on listed companies

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