Tadawul awaits important events this week

Tadawul awaits important events this week
A number of general assembly meetings and dividends distributions are expected this week
Gasco 2080 0.36% 33.60 0.12
Thimar 4160 -0.76% 36.67 -0.28
Saudi Chemical 2230 0.36% 35.80 0.13

Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of major events this week, between 13 and 17 August, led by a number of general assembly meetings and dividends distributions.

The National Agriculture Marketing Company (Thimar) will hold on Sunday its ordinary general meeting (OGM) to vote on the board of directors and auditor’s reports for fiscal year 2016.

Meanwhile, Saudi Chemical will begin on Thursday, the distribution of cash dividends to its shareholders for the first half of 2017 at SAR 1 per share, with a total amount of SAR 63.24 million.

National Gas and Industrialization Company (GASCO) will also be distributing cash dividends on Thursday, for the second quarter of fiscal year 2017 at SAR 0.35 per share or 35% of the company’s capital, with a total amount SAR 26.25 million.

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Source: Mubasher

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