Astra Industrial GA approves BOD recommendation to distribute SAR 200 million cash dividends for 2022

The Board of Directors of Astra Industrial Group announced the results of the Ordinary General Assembly Meeting (first meeting), which was held on Sunday.

The items included approval of the Board of Directors recommendations to distribute cash dividends to shareholders for the year 2022 with total amount of SAR 200 million at SAR 2,50 per share, which represents 25% of par value.

Eligibility for the dividends of the year will be to the shareholders registered in the Company’s share registry at the Depository Center at the end of the second trading day following ordinary General Meeting date, The distribution date will be announced later.

The General Assembly also approved on authorizing board of directors to distribute quarterly or semi-annual dividends for the fiscal year 2023.