| lement List |
Explanation |
| Introduction |
Astra Industrial Group announces the Board of Directors’ recommendation to the General Assembly to distribute cash dividends for the fiscal year 2024 as follows: |
| Date of the board’s recommendation |
2025-03-12 Corresponding to 1446-09-12 |
| The Total amount distributed |
240 Million Saudi Riyal |
| Number of Shares Eligible for Dividends |
80 Million shares |
| Dividend per share |
3 Saudi Riyal |
| Percentage of Dividend to the Share Par Value (%) |
30 |
| Eligibility date |
The eligibility of dividends shall be for the shareholders who own the shares on the day of the general assembly meeting and registered in the Securities Depository Center on the closing of the 2nd trading day after the general assembly meeting, which will be announced later after getting the necessary approvals from the relevant authorities. |
| Distribution Date |
The distribution date will be announced later after approving the distribution of dividend by the General Assembly. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision |
N/A |
| Additional Information |
We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to (when transferred or credited to the bank account) withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation. |
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