Farm Superstores board recommends dividend freeze for 2020

30/03/2021 Argaam

Saudi Marketing Co.'s (Farm Superstores) board of directors recommended, today, March 30, 2021, freezing dividends for 2020, the company said in a filing to Tadawul.

 

The move aims to support and strengthen the company's financial position, and its expansions in 2021.

 

The recommendation is pending the approval of the upcoming general meeting whose date will be determined after obtaining the approval of competent authorities.

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