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CHUBB Arabia Cooperative Insurance Co. announces the board of director's decision to not distribute dividends for The fiscal year ended on 31 Dec 2023, AD.

CHUBB 8240 -8.78% 33.24 -3.20
Element List Explanation
Introduction Chubb Arabia Cooperative Insurance Company announces the recommendation by its Board of Directors on Wednesday 25/08/1445AH corresponding 06/03/2024AD to the General Assembly of the company’s shareholders, the date of which will be announced later, not to distribute cash dividends to the shareholders for the fiscal year ended 31/12/2023.
Date of the board’s decision 2024-03-06 Corresponding to 1445-08-25
Reasons for Not Recommending Distribution It is for the continuous support and the future growth of business and preserving the solvency margin
Additional Information The recommendation will be submitted for approval at the General Assembly meeting to be decided at a later date.

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