Almarai Co. headquarters
Almarai Co.'s shareholders will vote on the board's recommendation to pay a cash dividend at 10% of capital, or SAR 1 a share, for 2023, during an extraordinary general assembly meeting to be held on April 2, the company said in a statement to Tadawul.
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Dividend Details |
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Current Capital |
SAR 10 bln |
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Number of Shares |
1 bln |
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Total Dividend |
SAR 1 bln |
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Percentage of Capital |
10% (SAR 1 a share) |
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Record Date |
Shareholders of record, or those registered with Edaa on the second trading day following the general meeting date |
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Payment Date |
Later |
Shareholders will also vote on the repurchase of up to 10 million shares to be allocated for the employee stock program. The share buyback will be financed from the company's resources.
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