June 30.. “Bupa Arabia” to discuss distributing 600 million riyals in cash dividends for 2023

Bupa Arabia for Cooperative Insurance invited shareholders to participate and vote in the extraordinary general assembly meeting scheduled to be held on Sunday, June 30, where the items included: voting on the Board of Directors’ recommendation to distribute cash dividends to shareholders for the year ending on December 31, 2023, with a total of 600 million riyals, at 4 riyals per share, which represents 40% of the nominal value of the share.

Shareholders registered in the register of shareholders of the issuer at the Depository Center also have the right to attend at the end of the trading session that precedes the general assembly meeting, in accordance with the rules and regulations. The shareholder has the right to delegate whomever he chooses from other than members of the company’s board of directors. The right to register attendance at the Assembly meeting ends at the time of the Assembly meeting, and the right to vote on the Assembly items for attendees ends when the sorting committee finishes counting the votes.

The extraordinary general assembly meeting will be valid if it is attended by shareholders representing at least half of the capital. If the necessary quorum is not available to hold this meeting, the second meeting will be held one hour after the end of the period specified for the first meeting. The second meeting will be valid if shareholders representing at least a quarter of the capital are present.

Each shareholder registered in the company’s shareholder register at the Depository Center at the end of the trading session that precedes the assembly meeting has the right to register electronic attendance and vote using the Tadawulati system at the assembly meeting and in accordance with the rules and regulations. The shareholder has the right to discuss the topics listed on the assembly’s agenda and ask questions.