Element List | Explanation |
Introduction | The Board of Directors of the Saudi Arabian Refineries Company (SARCO), in its minutes issued by circulation on Wednesday 07/09/1444 AH corresponding to 03/29/2023 AD, recommended to the next Ordinary General Assembly the payment of cash dividends for the fiscal year 2022 AD to shareholders |
Date of the board’s decision | 2023-03-29 Corresponding to 1444-09-07 |
The Total amount distributed | 15 million Riyals |
Number of Shares Eligible for Dividends | 15 million shares |
Dividend per share | 1 SR |
Percentage of Dividend to the Share Par Value (%) | 10% |
Eligibility date | The eligibility of dividends for the shareholders who own the company’s shares at the end of trading on the day of the next Ordinary General Assembly, which will be announced later, and who are registered in the company’s shareholder register with the Securities Depository Center Company (Edaa) at the end of the second day following the eligibility date |
Distribution Date | The dividend distribution date will be announced later |
Additional Information | The agenda and venue for the assembly will be announced later after obtaining the approval of the competent authorities. |