Publisher: Maaal International Media Company
License: 465734
Monday, 14 July 2025
Arabian Cement Transfers SAR 595 Million in Reserves to Retained Earnings
Arabian Cement Co. announced the approval of transferring SAR 500 million from its statutory reserve and SAR 95 million from its general reserve to retained earnings, following a resolution passed by the 10th Extraordinary General Assembly.
The assembly also approved the launch of an Employee Share Program, and the purchase of up to 150,000 treasury shares to support the program.
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