Saudi Aramco shareholders to vote on FY19 board report on May 11

Shareholders of Saudi Arabian Oil Co. (Saudi Aramco) will vote on the board of directors’ report for the fiscal year 2019 in the general meeting that will be held on May 11, 2020, the company said in a bourse statement on Monday.

They will also appoint external auditor to review and audit the company’s financial statements for the period from Q2 2020 to Q1 2021.

Shareholders of record at the Securities Depository Center Co. (Edaa) by the end of trading on the general meeting date will be able to participate and vote on the agenda items through Tadawulaty services.

On March 16, the Capital Market Authority (CMA) issued circular enabling shareholders to participate and vote on general meeting agenda items through Tadawulaty in line with the government’s efforts to prevent spread of coronavirus, Argaam earlier reported.