Publisher: Maaal International Media Company
License: 465734
The Board of Directors of Etihad Etisalat Company (Mobily) invited shareholders to participate and vote in the extraordinary general assembly meeting (first meeting) on June 27, which includes voting on transferring the balance of the statutory reserve amounting to 2,648,971 thousand riyals to the balance of retained earnings, the stock program allocated to employees, and authorizing the Board of Directors Management determines the terms of the program, including the allocation price for each share offered to employees if it is for a consideration.
It will also be voted on to authorize the Board of Directors to distribute interim dividends on a semi- or quarterly basis in 2024, and to distribute dividends for the year 2023 in the amount of 1,116,500 thousand riyals, at 1.45 riyals per share, which represents 14.5% of the nominal value of the share.