Logo ofLazurde Co. for Jewelry
Shareholders of Lazurde Co. for Jewelryapproved the board of directors’ recommendation to withhold dividends for fiscal year ended Dec. 31, 2024, during the ordinary general meeting (OGM) held on May 29. 
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In a statement to Tadawul, the company said shareholders also authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.
Shareholders further rejected the proposal to discharge the board’s members from liability for the year ending Dec. 31, 2024.
According to data available with Argaam, Lazurde’s board decided in March to withhold cash dividends for 2024 in order to support and strengthen the company’s financial position and maintain a healthy solvency margin to finance future growth plans.
Logo ofLazurde Co. for Jewelry
Shareholders of Lazurde Co. for Jewelryapproved the board of directors’ recommendation to withhold dividends for fiscal year ended Dec. 31, 2024, during the ordinary general meeting (OGM) held on May 29.
For more news on listed companies
In a statement to Tadawul, the company said shareholders also authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025.
Shareholders further rejected the proposal to discharge the board’s members from liability for the year ending Dec. 31, 2024.
According to data available with Argaam, Lazurde’s board decided in March to withhold cash dividends for 2024 in order to support and strengthen the company’s financial position and maintain a healthy solvency margin to finance future growth plans.
