Al-Muhafaza Education Approves SAR 4M Dividend Payout

ALMOHAFAZA FOR EDUCATION 0.00%

ALMOHAFAZA FOR EDUCATION

9598.SA

26.80

0.00%

Al-Muhafaza Education Company announced the results of its Extraordinary General Assembly Meeting held on January 29, 2026, at 6:30 PM via Tadawulaty services with 74.48% shareholder attendance. The assembly approved 22 items including the distribution of SAR 4 million in cash dividends (SAR 0.50 per share, representing 5% of share capital) with payments commencing February 16, 2026. Shareholders also approved the appointment of RSM United Accountants as the company's auditor for a fee of SAR 175,000, authorized the Board to distribute interim dividends for the fiscal year ending July 31, 2026, and approved several related-party transactions and amendments to the company's Articles of Association.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92901&anCat=1&cs=9598&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.