Budget Saudi Arabia BOD Recommends Distributing SAR 78.2 Million in Final Cash Dividends for H2, 2024

United International Transportation Company (Budget Saudi Arabia) announced the Board of Directors’ recommendation to distribute SAR 78.16 million in final cash dividends to shareholders for the second half of 2024, equivalent to 10% of the nominal value of the share.

The company stated that the number of shares eligible for dividends amounted to 78.16 million shares, with a dividend of SAR 1 per share.

The eligibility for cash dividends will be for shareholders who own shares on the due date and are registered in the company’s shareholder registry at the Depository Center by the end of the second trading day following the date of the company’s general assembly meeting (the due date).

The date of the general assembly will be determined after obtaining regulatory approvals, through which the Board of Directors’ recommendation in this regard will be approved.