Arabian United Float Glass Co. announces the board of director’s recommendation to distribute cash dividends for The fiscal year ended 31 /12/ 2024
| Element List | Explanation |
|---|---|
| Introduction | Arabian United Float Glass Co. announces the board of director’s recommendation to
distribute cash dividends for the fiscal year ended 31 December 2024 |
| Date of the board’s recommendation | 2025-05-13 Corresponding to 1446-11-15 |
| The Total amount distributed | 17,003,851 SAR |
| Number of Shares Eligible for Dividends | 17,003,851 share |
| Dividend per share | 1SAR |
| Percentage of Dividend to the Share Par Value (%) | 10 |
| Eligibility date | The eligibility of the dividends shall be for the shareholders who own the shares registered in the company’s shareholder register at the end of the second trading day after the date in which the Company’s General Assembly is convened, which will be announced later. |
| Distribution Date | The distribution date will be announced later |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | We would like to draw the shareholders' attention to the following regulation regarding the payment of dividends:
“for non-resident investors the dividend paid by the company is subject to a withholding tax of 5.0% upon transfer to the non-resident investor or credit to the account according to the provisions of Article (68) of the Income Tax Law and Article (63) of the Implementing Regulations.
The Company urges the shareholders to update their investment portfolio bank account data to ensure the timely receipt of their dividends. |
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