Saudi Company for Hardware announces the board of director's decision to not distribute dividends for The year of 2023.
| ement List | Explanation |
|---|---|
| Introduction | On 06-03-2023 the Board of Directors for SACO recommended that the dividends for the year of 2023 will not be distributed. |
| Date of the board’s decision | 2024-03-06 Corresponding to 1445-08-25 |
| Reasons for Not Recommending Distribution | Strengthen the financial position of the company to achieve its turnaround objectives. |
| Additional Information | This recommendation will be raised to the next General Assembly Meeting for voting. |
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