Enma AlRawabi EGM to vote on 2.5% cash dividend for H1 2023 on Oct. 9

17/09/2023 Argaam

Enma AlRawabi EGM to vote on 2.5% cash dividend for H1 2023 on Oct. 9

Logo of Enma AlRawabi Co.

Shareholders of Enma AlRawabi Co. are set to vote on a board proposal to distribute a cash dividend at SAR 0.25 per share, or 2.5% of capital, for H1 2023 during an extraordinary general meeting (EGM) scheduled for Oct. 9, as follows:

 

Dividend (H1 2023)

Current Capital

SAR 400 mln

Number of Shares*

40 mln

Total Dividends

SAR 10 mln

Percentage of Capital

2.5% (SAR 0.25 per share)

Record Date

Oct. 9, 2023

Payment Date

Delayed
 

The EGM’s agenda includes voting on authorizing the company’s board to distribute interim dividends on a semi-annual or quarterly basis for 2023.

 

Shareholders will also vote on amending some articles of the company's bylaws, including changes to the capital.

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