Al Yamamah Steel shareholders authorize board to pay 2024 interim dividends

11/03/2024 Argaam

Al Yamamah Steel shareholders authorize board to pay 2024 interim dividends

Logo of Al Yamamah Steel Industries Co.

Shareholders of Al Yamamah Steel Industries Co. approved, on March 10, authorizing the board of directors to pay interim dividends on a semi-annual or a quarterly basis for 2024, according to a statement to Tadawul.

 

They also approved the remaining agenda items, including transactions and contracts with some companies, where Al Yamamah’s board members have an indirect interest.

 

The value of these transactions stood at SAR 430.9 million in 2023.

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