The company said in a statement to the Saudi market (Tadawul) today, Monday, that the proposed distribution amount is estimated at about 27.5 million riyals by one riyal per share, which represents 10% of the capital .
This is an amendment to the previous recommendation of the Board Session held on December 18, 2019, which mentioned the recommendation to distribute cash dividends to shareholders for the fiscal year ending December 31, 2019.
The company explained in the statement that the date of the general assembly will be determined after the approval of the competent authorities.