MARAFIQ shareholders authorize board to pay interim dividend for 2024

25/04/2024 Argaam

MARAFIQ shareholders authorize board to pay 2024 interim dividend

Logo of Power and Utility Company for Jubail and Yanbu (MARAFIQ)

Power and Utility Company for Jubail and Yanbu’s (MARAFIQ) shareholders approved authorizing the board of directors to pay an interim dividend on a semi-annual basis for 2024.

 

The approval took place during an ordinary general meeting (OGM) held on April 24, according to a statement to Tadawul.

 

The shareholders also approved the external auditor report for the year ended on Dec. 31, 2023, after discussing it.

 

Discharging the board members from their liabilities for 2023 was also approved, the statement added.

 

The OGM further agreed to amend the remuneration policy of the board members, committee members, and executive management.

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