Leejam Sports Company Announces the Distribution of Cash Dividends for The Fourth Quarter Of 2023
| Element List | Explanation |
|---|---|
| Introduction | Leejam Sports Company (The Company) is pleased to announce the Board of Directors’ resolution to distribute cash dividends to the company’s shareholders for the Fourth Quarter Of 2023. |
| Date of the board’s decision | 2024-03-18 Corresponding to 1445-09-08 |
| The Total amount distributed | SAR 69,669,870.13 |
| Number of Shares Eligible for Dividends | 52,383,361 Shares |
| Dividend per share | SAR 1.33 per share |
| Percentage of Dividend to the Share Par Value (%) | 13.3 % |
| Eligibility date | The eligibility of dividends shall be for shareholders who own the shares at the close of trading on 21 March 2024 and as per the company shareholders register with the Securities Depository Center Company at the end of the 2nd trading day following the eligibility date. |
| Distribution Date | 3 April 2024 |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | N/A |
| Additional Information | The dividends will be distributed through the Securities Depository Center Company, which will transfer the dividends to the investment portfolios through the custody members. To ensure that the dividends are deposited in the investment portfolios without delay, the company would like to remind all shareholders of the need to ensure that their data is updated with the custody members.
The company would like to draw the attention of non-resident investors that the distribution of cash dividends is subject to a withholding tax of 5% upon transfer or crediting the amount to their account in accordance with the provisions of the Income Tax Law and its Implementing Regulation. For any inquiries, please contact Investor Relations at: phone number: 00966564149752 or at [email protected] |
Comments