Sadr’s board recommends dividend freeze for 2023

21/03/2024 Argaam

Sadr’s board recommends dividend freeze for 2023

Logo of Sadr Logistics Co.

Sadr Logistics Co.’s board of directors recommended today, March 21, withholding cash dividends for 2023, according to a statement to Tadawul.

 

The board proposal, which is subject to the approval of the upcoming general meeting, was aimed at boosting the company's financial position as well as its expansions and projects, the statement added.

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