Riyadh - Mubasher: The Board of Directors of Industrial Means Company decided to hold the Extraordinary General Assembly (EGA) meeting (first meeting) on April 28, 2025, via modern technology, to discuss dividend distributions for the second half of 2024.

The company clarified, in a statement on Tadawul today, Monday, that the general assembly's agenda includes voting on the board of directors' recommendation to distribute cash dividends to shareholders, amounting to 12.5 million riyals, at 0.05 riyals per share.

She pointed out that the right to dividends is for shareholders who own shares at the end of trading on the day of the general assembly meeting and are registered in the company's shareholders' register with the Depository Center Company at the end of the second trading day following the due date.

She also noted that dividends will be distributed to eligible shareholders within 15 business days from the due date.

The General Assembly will vote on authorizing the Board of Directors to distribute interim dividends on a semi-annual/quarterly basis for the fiscal year ending December 31, 2025.

During the meeting, the General Assembly will discuss the auditor's report for the 2023 fiscal year, discharge the Board of Directors from liability, and amend several articles of the company's bylaws, in addition to the remaining items on the agenda.