Saudi Company for Hardware announces the board of director's decision to not distribute dividends for The year of 2024.
Element List | Explanation |
---|---|
Introduction | On 06-03-2025 the Board of Directors for SACO recommended that the dividends for the year of 2024 will not be distributed. |
Date of the board’s decision | 2025-03-06 Corresponding to 1446-09-06 |
Reasons for Not Recommending Distribution | Strengthen the financial position of the company to achieve its turnaround objectives. |
Additional Information | This recommendation will be raised to the next General Assembly Meeting for voting. |
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