Al-Fakhera Approves SAR 14.4M Cash Dividend Distribution

ALFAKHERA

ALFAKHERA

9618.SA

0.00

Al-Fakhera for Mens Tailoring Co. announced on May 10, 2026 the results of its Ordinary General Assembly meeting held on May 7, 2026, with 91.32% shareholder attendance. The assembly approved cash dividends of SAR 14,400,000 (SAR 0.40 per share, representing 40% of nominal value) for fiscal year 2025, to be distributed on May 17, 2026. Additionally, shareholders approved the appointment of RSM as external auditor for 2026 at fees of SAR 290,000 excluding VAT, and delegated the Board of Directors with powers to distribute interim dividends on a semi-annual basis for fiscal year 2026.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95142&anCat=1&cs=9618&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.