| Element List |
Explanation |
| Introduction |
Najran Cement Company announces the board of directors’ decision not to distribute interim cash dividends to shareholders for the first half of the fiscal year 2023 |
| Date of the board’s decision |
2023-10-11 Corresponding to 1445-03-26 |
| Reasons for Not Recommending Distribution |
The reason for the decision is to support and strengthen the financial position of the company to achieve its business growth strategy. |
| Approvals |
Decision of the company’s Board of Directors dated 11-10-2023 AD corresponding to 26-03-1445 AH. |
| Additional Information |
The Board of Directors will later check the feasibility of distributing cash dividends for the second half of the fiscal year 2023, based on the company’s cash flows for the full year 2023, and announce that in due course. |
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