May 1.. SNB GA to discuss distributing 5.4 billion riyals in cash dividends for H2, 2023

The Board of Directors of the Saudi National Bank invited its shareholders to participate and vote in the Extraordinary General Assembly meeting (first meeting), which is scheduled to be held on (Wednesday), corresponding to May 1, 2024 AD, at seven in the evening, via modern technological means.

schedule of work:

– Vote on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the second half of the year 2023, amounting to 5.4 billion riyals, at 0.90 halala per share, which represents 9% of the nominal value of the share after deducting zakat, for the shares entitled to dividends, which number 6 billion shares. Eligibility for profits will be at the end of the second trading day following the entitlement date.

Shareholders registered in Tadawulati services can vote electronically remotely on the Assembly’s items starting from one o’clock in the morning on (Saturday) April 27, 2024 AD until the end of the Assembly’s meeting time.