L'azurde Company for Jewelry Announces the Recommendation of Its Board of Directors to Distribute Cash Dividends to its Shareholders for year 2023
| Element List | Explanation |
|---|---|
| Introduction | L'azurde Company for Jewelry is pleased to announce a recommendation of its Board of Directors to distribute cash dividends for the year 2023 to its Shareholders, as per the details stated below. |
| Date of the board’s recommendation | 2024-03-28 Corresponding to 1445-09-18 |
| The Total amount distributed | SAR 17,250,000 |
| Number of Shares Eligible for Dividends | 57,500,000 shares |
| Dividend per share | SAR 0.30 |
| Percentage of Dividend to the Share Par Value (%) | 3 % |
| Eligibility date | The eligible shareholders for the cash dividends shall be those who own Company’s shares on the eligibility date and are registered in the Company's shares register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the day of the Company’s General Assembly meeting in which cash dividend is approved (eligibility date).
The date of General Assembly, in which Board’s recommendation of cash dividend will be ratified, will be set and announced later, after obtaining all regulatory approvals from relevant authorities. |
| Distribution Date | Distribution date will be announced later |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | NA |
| Additional Information | The Company would like to inform its Shareholders of the necessity of updating their data and ensure that their bank account numbers are linked to their investment portfolios to ensure that their cash dividends are deposited in their accounts with the banks on the distribution day after securing the General Assembly’s approval.
For any inquiries, please contact Investor Relations during daily working hours during Ramadan from 10:00 am to 4:00 pm through one of the following means: Tel: +966 11 2170369 Ext 116; or Tel: +966 11 2651119 Ext 201; or Mobile: 0560463695 Email: investors@lazurde.com |
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