stc shareholders to vote on 2021 financial statements, board report on April 19

Shareholders of stc will vote on the company’s financial statements, as well as the board and auditor’s reports for 2021 during the ordinary general assembly meeting (OGM) scheduled for April 19.

They will also vote on delegating the board of directors with the OGM powers for one year from the shareholders’ approval date or until the end of the board term, whichever is earlier, stc said in a statement to Tadawul.

The shareholders will also vote on SAR 6.31 million board remuneration for the same fiscal year.

The meeting will be held virtually. Shareholders registered in Tadawulaty system can start voting on the agenda from April 15.