United Electronics Company (eXtra) announces its Board of Directors decision to distribute cash dividends to the shareholders for the Second half of 2023
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| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of United Electronics Company (eXtra) decided in its meeting held on March 06, 2024, to distribute cash dividends to the shareholders of the company for the Second half of 2023. |
| Date of the board’s decision | 2024-03-06 Corresponding to 1445-08-25 |
| The Total amount distributed | 160,000,000 SAR |
| Number of Shares Eligible for Dividends | 80,000,000 Shares |
| Dividend per share | 2 SAR |
| Percentage of Dividend to the Share Par Value (%) | 20 % |
| Eligibility date | The entitlement shall be for the shareholders who own the shares at the close of trading on March 11, 2024, and as per the shareholders' registry in Securities Depository Center (EDAA) at the end of 2nd trading day following the entitlement date. |
| Distribution Date | Thursday, March 21, 2024 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | None |
| Additional Information | The Dividend will be through Al Rajhi Bank by direct bank transfer to shareholders’ bank accounts linked to their portfolios. The Company urges its shareholders to update their data and to make sure to link their bank accounts numbers to their investment portfolios to ensure the receipt of their cash dividends without delay. In case of non-receiving the dividend, please visit the nearest branch of Al Rajhi Bank along with the ID card to collect the dividend directly in cash.
In case of any inquiries in this regard, please Dial Al Rajhi Bank Toll-free number 920004550. |
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