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Ataa shareholders approve SAR 1/shr dividends

Ataa shareholders approve SAR 1/shr dividends
A total SAR 40 million in cash dividends will be distributed to shareholders
ATAA
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-6.05% 69.90 -4.50

Riyadh – Mubasher: The extraordinary general assembly meeting (EGM) of Ataa Educational Company has approved the distribution of SAR 40 million of cash dividends to shareholders for the fiscal year that ended on 31 July 2019.

Dividends will be distributed at SAR 1 per share, representing 10% of the company’s paid-in capital, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

The data of distribution will be announced later, the statement noted.

Moreover, the EGM approved the company’s financial results and the auditor’s report.