Al Babtain Approves SAR 1.7M Cash Dividend Distribution

ALBABTAIN FOOD

ALBABTAIN FOOD

9549.SA

0.00

On June 28, 2026, Abdulaziz and Mansour Ibrahim Albabtin Co. (Al Babtain Food Company) announced the results of its Ordinary General Assembly Meeting held on June 25, 2026, at 6:45 PM via modern technology from Riyadh headquarters, with 81.8% shareholder attendance. The meeting approved key resolutions including the appointment of Maham Professional Consulting Company as auditor for fiscal year 2025 with fees of SAR 285,000, and the distribution of cash dividends totaling SAR 1,700,000 at SAR 0.5 per share (representing 5% of share capital) to be paid on July 14, 2026. Additionally, shareholders approved SAR 300,000 in bonuses for Board of Directors members for fiscal year 2025 and authorized the Board to distribute interim dividends on a semi-annual or quarterly basis for fiscal year 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96425&anCat=1&cs=9549&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.