Elm Company announces the distribution of interim cash dividends to shareholders for the Second Half of 2023
| Element List | Explanation |
|---|---|
| Introduction | Elm Company announces the decision of the Board of Directors to distribute interim cash dividends to shareholders for the Second Half of 2023. |
| Date of the board’s decision | 2024-03-09 Corresponding to 1445-08-28 |
| The Total amount distributed | SAR 310,788,800 |
| Number of Shares Eligible for Dividends | 77,697,200 shares |
| Dividend per share | SAR 4 per share |
| Percentage of Dividend to the Share Par Value (%) | 40 % |
| Eligibility date | The eligibility date will be on Wednesday 13-03-2024 corresponding to 03-09-1445H. The eligibility of dividends distribution will be for the shareholders of the Company who own shares on the eligibility date and are registered in the Company’s share registry at the Securities Depository Center “Edaa” at the end of the second trading day following the eligibility date. |
| Distribution Date | Dividends distribution date will be on Monday 25-03-2024 corresponding to 15-09-1445H. |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The Company urges its respected shareholders to update their banking information to ensure the deposit of the cash dividends directly into their accounts.
In addition, we would like to draw the attention of the non-resident foreign investors that the cash dividends distribution which is transferred by the resident financial broker is subject to a withholding tax of 5% according to the provisions of Article (68) of the Income Tax Law and Article (63) of its Implementing Regulations.
We are pleased to receive your inquiries by contacting Investor Relations Department through the following channels: Tel: (+966) 112503962 (+966) 112503436 Email: [email protected] |
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