SASCO shareholders to vote on 2.5% extra cash dividend for 2021 on June 14

19/05/2022 Argaam

Saudi Automotive Services Co.’s (SASCO) shareholders will vote on the distribution of an additional 2.5% cash dividend for 2021, at SAR 0.25 per share, amounting to SAR 15 million, during an ordinary general assembly meeting, to be held on June 14, the company said in a bourse statement.

 

Entitlement to the dividend payout will be to shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day following the record date.

 

Shareholders will also vote on appointing an auditor and setting his fees. The auditor will review financial statements for Q2, Q3 and 2022, as well as Q1 2023.

 

In addition, they will approve the board and auditor's report and financial statements for 2021.

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