Element List |
Explanation |
Introduction |
Fitaihi Holding Group announces the decision of the Board of Directors of non-disbursement of cash dividends to the shareholders for the fiscal year 2023. |
Date of the board’s decision |
2024-03-28 Corresponding to 1445-09-18 |
Reasons for Not Recommending Distribution |
The board of directors' decision of non-disbursement of cash dividends for the fiscal year 2023 is due to the need to strengthen the cash liquidity and the Company's financial position. |
Additional Information |
It is worth mentioning that Fitaihi Group disbursed cash dividends amounting to SAR 11 mln. (40 Halalas per share) on May 18, 2023 (4% of the nominal value per share) for the fiscal year 2022. |
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