Al Mawarid GA discusses distributing SAR 22.5 cash dividends for H1, on 13 September

The Board of Directors of the Al Mawarid Manpower Company invited the shareholders to participate and vote in the Ordinary General Assembly Meeting (First Meeting) scheduled to be held virtually at 06:30 pm on Wednesday, 13.09.2023.

Agenda:

1. 1. Voting on the Board of Directors recommendation to distribute cash dividends amounting SAR 22.5 million to the shareholders for the first half of 2023, at the rate of SAR 1.50 per share, which represents 15% of the company capital share, based on 15 million shares.

The eligibility of dividends distribution will be to Shareholders who own the shares by the end of the trading session on the day of the general assembly date, and who are registered in the company’s shareholders register at Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date.

2. Voting on delegating the Board of Directors to distribute interim dividends on a biannual or quarterly basis for the fiscal year 2023.