SATORP partners approve $450 mln cash dividend for 2022

23/05/2023 Argaam
One of SATORP's facilities

One of SATORP's facilities

Arabian Aramco Total Services Co., a closed joint stock firm, announced that shareholders of its parent company, Saudi Aramco Total Refining and Petrochemical Co. (SATORP), approved, on May 14, distributing a cash dividend of $450 million (or its equivalent in SAR) for the year ended Dec. 31, 2022.

 

In a statement to Tadawul today, May 23, the company pointed out that the dividend will be paid to SATORP’s partners, namely Saudi Arabian Oil Co. (Saudi Aramco) and TotalEnergies Refining & Chemicals Saudi Arabia SAS Ltd.

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