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Saudi Arabia Refineries Co. announces the distribution of cash dividend for For the fiscal year 2022

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.