MOBI board suspends quarterly dividend distribution mechanism

03/10/2024 Argaam
Logo of MOBI Industry Co.

Logo of MOBI Industry Co.

MOBI Industry Co.'s board of directors decided today, Oct. 3, to suspend the dividend distribution mechanism announced on Nov. 9, 2023, according to a filing to Tadawul.

 

The mechanism indicated the company's commitment to distribute quarterly dividends until a new mechanism is approved, in line with the company's strategic objectives, the best standards, and the best financial efficiency to achieve the best appropriate return for shareholders.

 

For more news on listed companies

 

In November 2023, the board approved distributing quarterly dividends to shareholders as of Q3 2023, according to data available with Argaam.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.