United International Transportation (Budget Saudi Arabia) announced the issuance of a decision by the Board of Directors to recommend to the General Assembly to distribute cash dividends to the shareholders of the company for the second half of 2019.

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The company said in a statement to the Saudi market (Tadawul) today, Sunday, that profits are 15% of the nominal value of the share by 1.5 riyals per share, with a total value of 106.75 million riyals .

The company explained that the number of shares due for profit is estimated at 71.167 million shares.

and the eligibility of profits for the shareholders of the company who own the shares on the maturity date registered in the shareholders ’record at the Securities Depository Center at the end of the second trading day following the day of the general assembly of the company, and the date will be announced The date of its convening later, after obtaining the necessary approvals from the competent authorities.

The company stated that it would announce the date and mechanism of the distribution later.