Alwasail Industrial Co. Announces an update on Alwasail Industrial Co. announces the board of director’s recommendation to distribute cash dividends for Financial results for the fiscal year ending 12/31/2024
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement of Alwasail Industrial Company dated 09-17-1446 AH corresponding to 03-17-2025 AD regarding the distribution of cash dividends to shareholders for the results of the second half of the fiscal year ending 12-31-2024 AD, at a rate of 0.05 riyals per share, representing 5% of the nominal value of the share, for a total amount of 12,500,000 riyals, the company is pleased to announce to its shareholders that dividends will be distributed starting Monday, 11-14-1446 AH corresponding to 05-12-2025 AD, by direct transfer to the bank accounts associated with shareholders' investment portfolios. |
| Previous Announcement | Alwasail Industrial Co. announces the board of director’s recommendation to distribute cash dividends for Financial results for the fiscal year ending 12/31/2024 |
| Date of Previous Announcement on Saudi Exchange’s Website | 2025-03-17 Corresponding to 1446-09-17 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The company is pleased to announce to its shareholders that dividends will be distributed starting Monday, 14-11-1446 AH (corresponding to 12-05-2025 AD), via direct transfer to the bank accounts associated with shareholders' investment portfolios.
Note that the eligibility for dividends is for shareholders who own shares at the end of trading on Monday, 30-10-1446 AH (corresponding to 28-04-2025 AD) and are registered in the company's shareholder registry with the Securities Depository Center (Edaa) at the end of the second trading day following the due date. |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | None |
| Additional Information | For inquiries or in case of failure to deposit, please contact Mr. Jalal Aljuraifani, Investor Relations Officer
Email: jalal@alwasail.com Mobile number: 0537633346 |
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