Al Hammadi Holding Approves 60% Quarterly Dividend Policy
ALHAMMADI 4007.SA | 0.00 |
Al Hammadi Holding announced on May 31, 2026 the results of its Ordinary General Assembly Meeting held on May 21, 2026 in Riyadh via the Tadawulaty system, with 62.77% shareholder attendance. The assembly approved board directors' remuneration totaling 1,800,000 Riyals for fiscal year 2025, and established a four-year dividend policy committing to distribute at least 60% of quarterly net profits starting from Q3 2025. Key approvals included delegating authority to the Board of Directors for interim dividend distributions and amendments to both Audit Committee and Remuneration and Nomination Committee charters. The meeting also approved related party transactions with Aziz Company for Contracting and Industrial Investment valued at 160,350 Riyals and with Al Hammadi for Information Technology Establishment valued at 4,254,475 Riyals for 2025.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95699&anCat=1&cs=4007&locale=arImportant 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.
