| Element List |
Explanation |
| Introduction |
The Board of Directors of Walaa Cooperative Insurance Co. has recommended, on Monday 03/08/1440 H corresponding to 08/04/2019 G, the distribution of dividends to the shareholders for the year 2018 as follows |
| Board Resolution Date |
2019-04-08 Corresponding to 1440-08-03 |
| Total Amount of Dividend Distributed |
SAR 44 million |
| Number of eligible shares |
SAR 44 million Shares |
| Dividend per share |
One Saudi Riyal |
| Percentage of Dividend to the share book value |
10 % |
| Eligibility date |
The eligibility of dividends shall be for the shareholders registered in the registers of the Securities Depository Center on owning shares at the end of the day of the Company General Assembly meeting and who are registered in the shareholder’s register of the Company in the Securities Depository Center at the close of the second trading day after the date of the General Assembly meeting which approves the dividends. The General Assembly date will be announced later after obtaining the necessary approvals from the relevant authorities |
| Dividend distribution date |
Details of dividend distribution will be announced at a later date |
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