City Cement shareholders authorize board to pay 2022 interim dividends, elect new board

16/06/2022 Argaam

Logo of City Cement Co.

City Cement Co.’s shareholders authorized the board of directors to pay interim dividends for 2022 on a semi-annual or quarterly basis, during the ordinary general meeting (OGM) held on June 15, according to a bourse filing.  

 

Shareholders also elected a board of directors for the upcoming three-year term, starting June 19, 2022. The new board includes Prince Abdulaziz Al Saud, Badr AlAbdullatif, Majid Al Osailan, Muhammad Al Zaim, Saleh Al Rajhi, Saleh Al Shabnan and Muhammad Al Mojel.

 

Shareholders further ratified the formation of the audit committee for the same three-year term, with Saleh Al Rajhi, Mohammed Al Suraiyea, Abdulaziz Al Dulaijan and Saleh Al Sheikh.

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